Brief: Lockheed Martin To Acquire Terran Orbital
15/08/2024 13:43
Aug 15 (Reuters) - Terran Orbital Corp LLAP.N :
* LOCKHEED MARTIN TO ACQUIRE TERRAN ORBITAL
* TERRAN ORBITAL: LOCKHEED WILL ACQUIRE TERRAN ORBITAL FOR $0.25 IN CASH FOR
EACH
OUTSTANDING SHARE OF COMMON STOCK
* TERRAN ORBITAL CORP: ENTERPRISE VALUE OF TRANSACTION IS APPROXIMATELY $450
MILLION
* TERRAN ORBITAL CORP: ON CLOSING, TERRAN ORBITAL TO REMAIN COMMERCIAL
MERCHANT
SUPPLIER TO INDUSTRY
Further company coverage: LLAP.N
((Reuters.Briefs@thomsonreuters.com;;))
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