Iridium stockholders voted to adopt Rocket Lab merger agreement at special meeting
Bitget2026/09/24 20:31- Iridium Communications held a special stockholder meeting today to vote on its proposed merger with Rocket Lab.
- Stockholders adopted the Agreement and Plan of Merger, clearing a key approval for Rocket Lab to acquire Iridium.
- The vote authorizes the transaction but does not complete it; closing remains subject to regulatory clearances and customary conditions.
- Merger terms call for USD 27.00 cash plus Rocket Lab shares under an exchange ratio with a collar per Iridium share.
- The deal is expected to close by mid-2027.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anthropic "accidentally" leaks IPO documents! Plans to raise $69.3 billion, valuation drops from 2 trillion to 1.3 trillion
Anthropic mistakenly published and then withdrew a prospectus for a planned $69.3 billion fundraising, with its valuation dropping from a peak of $2 trillion to between $1.1 trillion and $1.3 trillion.
Subaru Publishes Transcript of First-Half FYE 2027 Financial Results Presentation
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.
WikiLeaks Founder Julian Assange Welcomes Daughter With Terminator Quote
Crypto prices
More
