UTC says it has received 'second request' on Raytheon deal from DOJ

By Marjorie Censer / August 15, 2019 at 10:14 AM

In a filing today, United Technologies said UTC and Raytheon have each received "a request for additional information and documentary material, often referred to as a 'second request,' from the [Justice Department's] Antitrust Division" in connection with its planned deal.

In the new document, filed with the Securities and Exchange Commission, the company said the request was received July 22.

"Completion of the merger is further subject to the receipt of other required regulatory approvals or clearances under the competition laws of the European Union, Australia, Canada, Common Market for Eastern and Southern Africa, Israel, Japan, Republic of Korea, Taiwan and Turkey, and under the foreign investment laws of Australia, France and Germany," UTC adds in the document. "There can be no assurance that a challenge to the merger on antitrust or other regulatory grounds will not be made or, if such a challenge is made, that it would not be successful."