MELBOURNE, Fla.--(BUSINESS WIRE)--Harris Corporation (NYSE:HRS) today completed its previously announced acquisition of Exelis Inc. (NYSE:XLS). Each outstanding share of Exelis common stock converted into the right to receive $16.625 in cash and 0.1025 of a share of Harris common stock. Harris shareholders own 85 percent of the combined company and Exelis shareholders own 15 percent. “The Exelis acquisition is transformative for our company and marks a major milestone in Harris’ 120-year histor
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