Space company Maxar agrees to go private in $6.4 billion deal

since he was appointed CEO in January 2019, with the stock trading near $5 a share. The deal price with Advent is near the highs Maxar shares hit in early 2021, before dropping alongside other space stocks this year.

"We took a very hard and thoughtful look at all of the factors," Jablonsky said. "This turned out to be the right transaction at the right time." A key aspect of Maxar's agreement with Advent is a 60-day "go-shop period," which ends on Feb. 14, for the company to consider alternative proposals. Because of that, Jablonsky noted that it's "still very early days" for what the future of Maxar would look like under Advent. He declined to comment on whether the new owners may look to carve out Maxar's businesses, in satellite imagery and manufacturing – or whether he'll stay on.

"Love what we've built and what we're doing here and probably can't say a lot beyond that right now," Jablonsky said.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China's new space station opens for business in an increasingly competitive era of space activityChina's space station is an achievement that solidifies the country's position alongside the U.S. and Russia as one of the world's top three space powers. They just asked a question who owns the moon you're going to start blowing each other out of Sky pretty soon but it wouldn't surprise me you did it on Earth you'll do it up there and yet their still called a developing nation🤣🤣🤣 Nice.
Source: SPACEdotcom - 🏆 92. / 67 Read more »