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Genworth Financial finally terminates its deal with China Oceanwide. Tribune Publishing Company receives a revised, non-binding proposal from Newslight. Leaf Group to be acquired by Graham Holdings Company. For further details see: Merger Arbitrage Mondays - Leaf Group A...
Declining SPAC IPOs could indicate the SPAC bubble may have run its course. Brookfield Asset Management agrees to acquire Brookfield Property Partners after increasing its bid by 10%. Aggregate deal value in a highly competitive M&A space approaches $600 billion in Q1 202...
Merger activity increased last week. The bidding war for Coherent comes to an end. The acquisition of MSG Networks (MSGN) by Madison Square Garden Entertainment. For further details see: Merger Arbitrage Mondays - Multiple Deals In Bidding Wars
Aerojet Rocketdyne (AJRD) declares $5.00/share special dividend.Payable March 10; for shareholders of record March 10; ex-div March 9.The payment of the special cash dividend was made in connection with the anticipated acquisition of Aerojet Rocketdyne by Lockheed Martin Corporation (LMT...
EL SEGUNDO, Calif., March 24, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) today announced payment of the previously-declared $5.00 per share special cash dividend to holders of its common shares and convertible senior notes, on an as-converted basis. The special ...
HUNTSVILLE, Ala., March 23, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has been selected by Lockheed Martin to provide propulsion as a key member of their team supporting the Next Generation Interceptor (NGI) program. Lockheed Martin has been awarded a contract by the Missile Defense Agenc...
Lockheed Martin Awarded $3.7 Billion to Modernize Key Missile Defense Mission The MDA downselects Lockheed Martin team to deliver Next Generation Interceptor PR Newswire HUNTSVILLE, Ala. , March 23, 2021 /PRNewswire/ -- The Missile Defense Agency (MDA), i...
Merger activity remained steady last week. Two of the largest deals of this year were announced last week. SPAC activity continues to grow at a steady pace. For further details see: Merger Arbitrage Mondays - Coherent Shareholders Delighted By Another Round Of Counteroff...
STENNIS SPACE CENTER, Miss., March 18, 2021 (GLOBE NEWSWIRE) -- The four Aerojet Rocketdyne RS-25 rocket engines that power the core stage of NASA’s Space Launch System (SLS) fired in unison for the second time on March 18 in Test 8 of the Core Stage Green Run series . The succes...
NASA has completed a key engine test firing of the deep-space rocket made by Boeing (BA), after the first attempt in January ended prematurely.The four main engines of the Space Launch System rocket's core stage remained ignited for the full eight minutes, after an unsuccessful test in Januar...
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Madison Square Garden Sports Set to Join S&P SmallCap 600 Madison Square Garden Sports Set to Join S&P SmallCap 600 PR Newswire NEW YORK , July 27, 2023 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE:MSGS) will replace Aerojet Rocketdyne Hol...
HUNTSVILLE, Ala., July 10, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has successfully developed and static-fire tested the Zeus 1, an advanced stage 1 Large Solid Rocket Motor (LSRM) for Kratos. The motor met or exceeded performance expectations. “Congratulations to the Aeroje...
STENNIS SPACE CENTER, Miss., June 23, 2023 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne and NASA completed a certification test series yesterday for the new RS-25 production engines that will propel NASA’s Space Launch System (SLS) exploration rocket for Artemis missions, beginning with Artemis&...