Brief: Terran Orbital Corp Adopts Limited Duration Stockholder Rights Plan
04/03/2024 14:28
March 4 (Reuters) - Terran Orbital Corp LLAP.N :
* TERRAN ORBITAL CORPORATION ADOPTS LIMITED DURATION
STOCKHOLDER
RIGHTS PLAN; INDEPENDENT COMMITTEE OF THE BOARD WILL DETERMINE
COURSE OF ACTION IN BEST INTEREST OF ALL STOCKHOLDERS
* TERRAN ORBITAL CORP: RIGHTS PLAN IS EFFECTIVE IMMEDIATELY
* TERRAN ORBITAL-INDEPENDENT COMMITTEE OF BOARD WILL REVIEW
&
EVALUATE LOCKHEED ACQUISITION PROPOSAL AS PART OF ONGOING REVIEW
OF STRATEGIC ALTERNATIVES
Source text for Eikon: ID:nBw8wqh2La
Further company coverage: LLAP.N
((Reuters.Briefs@thomsonreuters.com;))
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