Raytheon, United Technologies in talks to merge



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United Technologies Corp. and Raytheon Co. are in talks for an all-deal deal that would create a giant in the aerospace and defense industries, according to a person familiar with the matter.

The companies, which together represent a market value of about $ 166 billion, could announce an agreement in the coming days, provided that the talks do not fall apart at the last minute, he added.

Exact…

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