Maxar shares soar premarket on report of takeover by Advent

Shares of Maxar Technologies Inc. took flight in premarket trading Friday after The Wall Street Journal reported that private-equity firm Advent International has agreed to buy the satellite owner and operator at a more than 100% premium.

Advent will pay $53 a share for Maxar, executives at the private-equity firm told the Journal, more than double Thursday’s closing price of $23.10 for the Westminster, Colo., company.


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