May 2, 2018 / 9:52 PM / 20 days ago

BRIEF-L3 Technologies Says Unit Company Entered Into A Stock And Asset Purchase Agreement With 450 Madison Acquireco

May 2 (Reuters) - L3 Technologies Inc:

* L3 TECHNOLOGIES INC SAYS ON MAY 1, UNIT COMPANY ENTERED INTO A STOCK AND ASSET PURCHASE AGREEMENT WITH 450 MADISON ACQUIRECO LLC - SEC FILING

* L3 TECHNOLOGIES INC - HAVE AGREED TO SELL CERTAIN ASSETS OF CO, UNIT FOR AN AGGREGATE PURCHASE PRICE OF $540 MILLION IN CASH

* L3 TECHNOLOGIES INC - ALSO AGREED TO SELL ALL OF ISSUED AND OUTSTANDING SHARES OF CAPITAL STOCK OF OF VERTEX AND OF VERTEX'S SUBSIDIARIES Source text: (bit.ly/2JNjcMH) Further company coverage:

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