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Maxar Technologies Inc (NYSE:MAXR) has more than doubled this morning, last seen up 120.1% at $50.84, after the company agreed to be acquired by Advent International in a deal worth $6.4 billion.
Shares of Maxar Technologies Inc (NYSE: MAXR) more than doubled this morning after Advent International said it will buy the space technology company for $6.40 billion.
Maxar Technologies (NASDAQ: MAXR ) stock is trending on social media and is up more than 120% in pre-market trading. The shares are soaring because Maxar agreed to be acquired by Advent International, a private equity firm, for about $6.4 billion or $53 per share.
Space infrastructure and imagery company Maxar agreed to go private through a deal led by Advent International.
Maxar Technologies Inc. shares jumped 116% in premarket trades Friday after the geospatial intelligence and aerospace company agreed to be acquired by Advent International in a deal that values the company at $6.4 billion. Advent agreed to pay $53 a share, a premium of 129% over Maxar's closing stock price on Thursday.
Maxar Technologies Inc said on Friday private-equity firm Advent International has agreed to buy the satellite owner and operator for about $4 billion.
Advent will pay $53 a share for Maxar, executives at the private-equity firm told the Journal
Advent International agreed to buy Maxar Technologies in a deal that values the satellite owner and operator at about $4 billion.
Maxar's (MAXR) Galaxy 35 and Galaxy 36 satellites for Intelsat are performing per expectations after launch.
WESTMINSTER, Colo.--( BUSINESS WIRE )--Maxar Technologies (NYSE:MAXR) (TSX:MAXR), provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced that members of senior management will present at the following upcoming investor conference: