Why Lockheed Martin's Latest Deal Is Falling Apart
Lockheed Martin (NYSE: LMT)'s proposed acquisition of Aerojet Rocketdyne (NYSE: AJRD) has been more than a year in the making, but it still faces significant stumbling blocks -- from the Federal Trade Commission (FTC), in particular. In this episode of "Motley Fool's Metal and Power Half-Hour" on Motley Fool Live, recorded on Jan. 25, Fool.com contributors Toby Bordelon and John Bromels discuss how the market has reacted to news updates about the $4.4 billion deal.
John Bromels: For those of you who cover aerospace and who are watchers of the aerospace and defense industry, you know that for a long time -- in fact, for more than two years -- this merger has been pending between Lockheed Martin and a company called Aerojet Rocketdyne.
Source Fool.com
