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6 months ago
BRIEF-Harris to receive initial delivery of about 2.9 mln shares of stock from Morgan Stanley on Feb 6
February 6, 2017 / 1:38 PM / 6 months ago

BRIEF-Harris to receive initial delivery of about 2.9 mln shares of stock from Morgan Stanley on Feb 6

Feb 6 (Reuters) - Harris Corp

* Harris - to pay prepayment amount to morgan stanley, to receive on feb 6 initial delivery of about 2.9 million shares of common stock from morgan stanley

* Harris corp - enters into asr agreement with morgan stanley & co. Llc to repurchase shares of co's stock for an initial payment of $350 million

* Harris corp- final settlement of transaction under asr agreement is expected to occur prior to end of co's fiscal 2017- sec filing Source text for Eikon: Further company coverage:

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