Defense Contractor L3Harris Shifts Strategy: Halts M&A To Strengthen Balance Sheet And Boost Shareholder Returns
Benzinga
DECEMBER 13, 2023
L3Harris Technologies Inc (NYSE: LHX ) said it plans to discontinue its merger and acquisition (M&A) program for the foreseeable future. The company attributed the move to strengthen its balance sheet and return all excess capital to shareholders. Full story available on Benzinga.com
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