Bullboard - Stock Discussion Forum Maxar Technologies Inc. T.MAXR

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Maxar Technologies Inc is an integrated space and geospatial intelligence company with a full range of space technology solutions for commercial and government customers including satellites, Earth imagery, geospatial data, and analytics. Its operating segments include Earth Intelligence and Space Infrastructure.

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Maxar Technologies Inc. > Rights Awarded to Holders of Record May 28th

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Post by Optimistic on May 24, 2019 3:39pm

Rights Awarded to Holders of Record May 28th

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Comment by Optimistic on May 24, 2019 4:03pm

Correct me if I'm wrong, but I think there is a problem now. Those who held their shares yesterday are entitled to rights now. In a hostile takeover, they can exercise those rights to buy shares at 50% discount. The problem I see here is that for instance, someone who has close to 5 % shares , but less, can buy a few more shares and trigger the rights. They'll be able to buy even more at ...more

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Comment by poulet80 on May 24, 2019 4:18pm

"If the rights become exercisable, all holders of rights, other than the person or group triggering the rights, will be entitled to purchase Maxar common stock at a 50 percent discount. "

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Maxar Technologies Inc.