Comtech Telecom (CMTL) Announces Transformation Strategy and Capital Structure Update
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/27/2026
- S&P 500 ends lower; chips tumble and Moderna rallies
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
Comtech Announces Transformation Strategy and Capital Structure Update
October 17, 2024 5:30 PM EDTBoard of Directors Discloses Strategic Alternatives Process for Terrestrial & Wireless Networks Segment; Comtech to Become a Pure-Play Satellite and Space Communications Company
Company Amends Credit Facility and Enters into New Subordinated Unsecured Term Loan Facility
CHANDLER, Ariz.--(BUSINESS WIRE)-- Comtech (NASDAQ: CMTL) (the Company), a global technology leader, today announced that its Board of Directors and management team are executing a strategy to transform Comtech into a pure-play satellite and space communications company and provided a capital structure update.
Ongoing and future actions supporting... More
