Lockheed Martin Proposes $1 Per Share Acquisition of Terran Orbital
Friday, 1 March 2024, 22:57
Lockheed Martin's Acquisition Offer for Terran Orbital
Lockheed Martin (LMT) has made a non-binding offer to acquire all common stock of Terran Orbital (LLAP) that it does not own for $1/share.
- This proposed acquisition could have significant implications for both companies' future strategies.
- Despite the low offer price, the deal could potentially strengthen Lockheed Martin's position in the space technology sector.
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