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Shareholder Suit Targets Exelis, Harris Over $4.75B Deal

By Matt Sharp ( February 13, 2015, 1:10 PM EST) -- A shareholder on Thursday filed a proposed class action to block Harris Corp.'s $4.75 billion acquisition of information technology company and defense contractor Exelis Inc., alleging the sale was not fair or reasonable and certain deal provisions could deter superior offers....

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