We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Aerojet Rocketdyne Holdings, Inc. (“Aerojet” or the “Company”) (NYSE: AJRD), in connection with the proposed acquisition of the Company by L3Harris Technologies, Inc. (NYSE: LHX).  Under the terms of the merger agreement, the Company’s shareholders will receive $58.00 in cash for each share of Aerojet common stock owned.  The transaction is valued at approximately $4.7 billion.

Weiss Law is investigating whether (i) Aerojet’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $58.00 per share merger consideration adequately compensates Aerojet’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.