Brief: Terran Orbital Corp Conducting A Formal Review Of Strategic Alternatives To Maximize Shareholder Value
11/12/2023 14:38
Dec 11 (Reuters) - Terran Orbital Corp LLAP.N :
* TERRAN ORBITAL CORP - CONDUCTING A FORMAL REVIEW OF
STRATEGIC
ALTERNATIVES TO MAXIMIZE SHAREHOLDER VALUE
* TERRAN ORBITAL CORP - COMPANY HAS ENGAGED JEFFERIES LLC TO
PROVIDE TRANSACTION ADVISORY SERVICES IN CONNECTION WITH THIS
PROCESS
* TERRAN ORBITAL CORP - PROCESS, MAY INCLUDE AN INVESTMENT,
SALE
OF COMPANY, "TAKE PRIVATE" TRANSACTION OR AN ALTERNATIVE
STRATEGIC RELATIONSHIP
* TERRAN ORBITAL CORP - COMPANY HAS NOT SET A DEFINITIVE
TIMETABLE
FOR COMPLETION OF STRATEGIC REVIEW
Source text for Eikon: [https://bitly.ws/35pXi]
Further company coverage: LLAP.N
((Reuters.Briefs@thomsonreuters.com;))
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