We are investigating whether the directors of Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) (“Aerojet”) acted in the best interests of Aerojet shareholders in approving the sale of Aerojet to L3Harris Technologies, Inc. (“L3Harris”) for $58.00 per share in cash.
If you remain a Aerojet shareholder and have questions about your legal rights, you may contact our firm to discuss your options at no charge by completing and submitting the form below.
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Why is there an investigation?
On December 18, 2022, Aerojet announced that it had agreed to be acquired by L3Harris for $58.00 per share in cash. The agreement has been approved by the Aerojet board of directors (“Board”).
Our investigation concerns whether Aerojet’s Board acted in the best interests of Aerojet shareholders in approving the sale, including whether the acquisition price adequately compensates Aerojet shareholders, and whether all material information regarding the transaction has been fully disclosed.