{"id":69918,"date":"2019-07-01T02:40:52","date_gmt":"2019-07-01T06:40:52","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=69918"},"modified":"2019-07-03T00:50:53","modified_gmt":"2019-07-03T04:50:53","slug":"hedge-fund-chief-daniel-loeb-opposes-united-technologies-raytheon-merger-2","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2019\/hedge-fund-chief-daniel-loeb-opposes-united-technologies-raytheon-merger-2.html","title":{"rendered":"Hedge Fund Chief Daniel Loeb Opposes United Technologies, Raytheon Merger"},"content":{"rendered":"<p>\n(Reuters) Billionaire investor Daniel Loeb said on Friday that his hedge fund Third Point LLC will vote against the planned merger of United Technologies Corp (UTX.N) and Raytheon Co (RTN.N), saying there is no \u201cstrategic rationale for this transaction.\u201d \u201cWe have concluded that the proposed combination of United Technologies and Raytheon is ill-conceived and unlikely to create value for UTC shareholders,\u201d Loeb wrote in a letter to the board of directors of United Technologies.<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-utc-thirdpoint\/hedge-fund-chief-daniel-loeb-opposes-united-technologies-raytheon-merger-idUSKCN1TT1XV\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Billionaire investor Daniel Loeb said on Friday that his hedge fund Third Point LLC will vote against the planned merger of United Technologies Corp (UTX.N) and Raytheon Co (RTN.N), saying there is no \u201cstrategic rationale for this transaction.\u201d \u201cWe [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-69918","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/69918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=69918"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/69918\/revisions"}],"predecessor-version":[{"id":69919,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/69918\/revisions\/69919"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=69918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=69918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=69918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}