The Latest Breaking News from FTC

Aerojet Rocketdyne Holdings Inc (NYSE: AJRD) shares are trading lower by 18.5% at $36.72 Tuesday afternoon after the FTC sued to block the proposed merger with Lockheed

Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) stock fell following the disclosure that it is highly likely that the Federal Trade Commission (FTC) will vote to sue to block the Lockheed Martin Corp (NYSE:LMT) transaction. Meanwhile, the FTC stated it sued to block Lockheed Martin's $4.4 billion proposed vertical acquisition of Aerojet Rocketdyne. "The FTC is suing…

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