Investing and Transactions

Will COVID-19 shake up capitalism?

The Covid crisis both accelerated demands for changes to the economic system and demonstrated that governments can spend freely to help those in trouble when they wish.

Lockheed Martin enters agreement to acquire Aerojet Rocketdyne for $4.4B

As part of the transaction's approval, Aerojet Rocketdyne's shareholders will receive a special pre-closing dividend of $5 per share in common stock and convertible senior notes in March 2021, which, unless revoked, is expected to reduce the transaction's purchase price to $51 per share.