Advent to Buy Maxar Technologies for About $4 Billion – WSJ – The Wall Street Journal
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https://www.wsj.com/articles/advent-to-buy-maxar-technologies-for-about-4-billion-11671190204
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Advent International agreed to buy Maxar Technologies Inc. in a deal that values the satellite owner and operator at about $4 billion.
Advent is paying $53 a share for Maxar, the companies said, confirming an earlier Wall Street Journal report. Shares of Maxar, which had fallen 23.5% since the beginning of the year, closed at $23.10 on Thursday. They soared 125% Friday on the news to close at $51.93.
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.