Maxar sale closes and company goes private
With the purchase today for $6.4 billion of the satellite company Maxar by two private investment firms, its stock was removed from the NY stock exchange and is no longer traded publicly.
The company was acquired for $53 per share by the U.S. private equity firm Advent International and minority investor British Columbia Investment Management Corp. in a deal announced in December. “With the closing of the transaction, Maxar will remain a U.S.-controlled, owned and operated company,” the company said. Maxar’s common stock will also be delisted from the Toronto Stock Exchange.
Maxar started trading on the New York Stock Exchange and the Toronto Stock Exchange in 2017. It officially became a U.S. corporation in 2020 when the company spun off the Canadian subsidiary MDA.
The desire of these private investors to spend so much strongly indicates that Maxar has real value. It also indicates indirectly the strength of the emerging new commercial launch market. These investors clearly believe that this launch market will continue to grow and force the launch price of its satellites to go down.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
With the purchase today for $6.4 billion of the satellite company Maxar by two private investment firms, its stock was removed from the NY stock exchange and is no longer traded publicly.
The company was acquired for $53 per share by the U.S. private equity firm Advent International and minority investor British Columbia Investment Management Corp. in a deal announced in December. “With the closing of the transaction, Maxar will remain a U.S.-controlled, owned and operated company,” the company said. Maxar’s common stock will also be delisted from the Toronto Stock Exchange.
Maxar started trading on the New York Stock Exchange and the Toronto Stock Exchange in 2017. It officially became a U.S. corporation in 2020 when the company spun off the Canadian subsidiary MDA.
The desire of these private investors to spend so much strongly indicates that Maxar has real value. It also indicates indirectly the strength of the emerging new commercial launch market. These investors clearly believe that this launch market will continue to grow and force the launch price of its satellites to go down.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Alpha Centari Are we There Yet?