WSJ: Harris Corp. to remain independent

The Wall Street Journal reports that Harris Corp. decided to remain independent after considering acquisition
offers that were below what the company’s board believes to be its
value. Harris Chairman and Chief
Executive Howard Lance said, “We want to make it very clear that Harris
is not pursuing a sale of the company.”

Last month, The Wall Street Journal reported
that the company was exploring strategic options, including a sale.
Harris, of Melbourne, Fla., is a supplier of advanced military and
intelligence technologies and is also involved in the television and
telecom markets.

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