Mercury Systems Reports Second Quarter Fiscal 2023 Results; Initiates Review of Strategic Alternatives

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Go back to Mercury Systems Reports Second Quarter Fiscal 2023 Results; Initiates Review of Strategic Alternatives

UK defense firm Cobham weighs takeover of Mercury Systems (MRCY), shares soar

February 1, 2023 9:38 AM EST

Shares of Mercury Systems (NASDAQ: MRCY), which makes technologies for the aerospace and defense industries, is reportedly a takeover target for Advent International-backed UK defense company Cobham, Bloomberg News reports.

The report comes just two days after Mercury Systems reported... More