Raytheon Plans To Raise Quick Cash By Selling A Majority Stake Of Raytheon
RAYTHEON plans to raise some quick cash by selling a majority stake of Raytheon Aircraft's Aerospace Company to Veritas Capital Inc. for $270 million, including $153 million cash. Under the deal, New York-based investment firm Veritas will buy a 70 percent ownership of the Madison, Miss.-based...
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