Maxar Technologies Announces Completion of "Go-Shop" Period

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Feb 15, 2023

Maxar Technologies (NYSE:MAXR, Financial) (TSX:MAXR, Financial) (“Maxar” or the “Company”), provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced the expiration of the 60-day “go-shop” period pursuant to the terms of the previously announced definitive merger agreement to be acquired by Advent International (“Advent”), one of the largest and most experienced global private equity investors. As previously announced and under the definitive terms of the merger agreement, Advent has agreed to acquire all outstanding shares of Maxar common stock for $53.00 per share in cash. The “go-shop” period expired at 11:59pm ET on February 14, 2023.