Spacecraft maker Terran Orbital 'looking at everything,' CEO says after Lockheed Martin takeover bid [MSNBC.com]
Terran Orbital Corporation (LLAP)
Company Research
Source: MSNBC.com
Satellite manufacturerTerran OrbitalLockheed Martin'"We found out about [Lockheed's takeover bid] when the rest of the world found out about it," Bell said on CNBC's"Manifest Space" podcastLockheed's proposalwent publicTerran Orbital declined to comment on a shareholder lawsuit filed Wednesday in response to the company's board adopting a "poison pill"stock rights planSign up here to receive weekly editions of CNBC's in Space newsletter.Bell emphasized that Lockheed has been "a partner of ours for many years," but noted that Terran Orbital hired Jefferies in December to lead a strategic review of its path forward, with options ranging from new investors to a potential sale of the company.Bell added that Terran Orbital is "thrilled with the validation" that Lockheed's offer gave it.
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LLAP
News
- Lockheed Decision Sends This Satellite Stock Tumbling 20% [Yahoo! Finance]Yahoo! Finance
- Terran Orbital Strategic Review is Ongoing [Yahoo! Finance]Yahoo! Finance
- Terran Orbital Strategic Review is OngoingBusiness Wire
- Terran Orbital plunges as Lockheed Martin withdrawals takeover offer [Seeking Alpha]Seeking Alpha
- Terran Orbital's Tyvak International Centauri-6 Satellite Successfully Deployed into Orbit [Yahoo! Finance]Yahoo! Finance
LLAP
Earnings
- 4/1/24 - Miss
LLAP
Sec Filings
- 5/3/24 - Form 8-K
- 5/2/24 - Form SC
- 4/24/24 - Form 8-A12B/A
- LLAP's page on the SEC website