financetom
Business
financetom
/
Business
/
Viasat to 'Evaluate' Carronade Capital's Proposal for Defense, Advanced Technologies Business Spinoff
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Viasat to 'Evaluate' Carronade Capital's Proposal for Defense, Advanced Technologies Business Spinoff
Aug 1, 2025 6:29 AM

09:09 AM EDT, 08/01/2025 (MT Newswires) -- Viasat ( VSAT ) said Friday that it will "evaluate" proposals from Carronade Capital Management after the activist investor called for a spinoff or initial public offering of the company's defense and advanced technologies unit.

"The Board and management team will carefully evaluate Carronade's ideas," Viasat ( VSAT ) said. "We look forward to continuing a constructive and collaborative dialogue with all our stakeholders, including Carronade."

Viasat ( VSAT ) shares were down more than 3% in recent Friday premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Lilly Adds New Zepbound Doses; Lowers Prices for Self-Pay Patients
Lilly Adds New Zepbound Doses; Lowers Prices for Self-Pay Patients
Feb 25, 2025
07:18 AM EST, 02/25/2025 (MT Newswires) -- Eli Lilly ( LLY ) said Tuesday that it has launched 7.5 milligram and 10 milligram single-dose vials of Zepbound or Tirzepatide, priced at $499 per month through its self-pay Journey program. The company also said it has lowered the prices of its 2.5 milligram and 5 milligram vials to $349 and $499...
SLB delays ChampionX deal closure to early second quarter
SLB delays ChampionX deal closure to early second quarter
Feb 25, 2025
Feb 25 (Reuters) - U.S. oilfield services firm SLB said on Tuesday it now expects its buyout of ChampionX ( CHX ) to close by the end of the first quarter or early the second quarter of 2025. The deal is still under antitrust review in other regions, including Norway, where the country's competition regulator is planning a phase II...
TopBuild Q4 Adjusted Earnings, Net Sales Rise; Issues 2025 Sales Outlook
TopBuild Q4 Adjusted Earnings, Net Sales Rise; Issues 2025 Sales Outlook
Feb 25, 2025
07:16 AM EST, 02/25/2025 (MT Newswires) -- TopBuild ( BLD ) reported Q4 adjusted earnings Tuesday of $5.13 per diluted share, up from $4.69 a year earlier. Analysts polled by FactSet expected $5.04. Net sales for the quarter ended Dec. 31 were $1.31 billion compared with $1.29 billion a year earlier. Analysts polled by FactSet expected $1.31 billion. The building...
Orla Mining Intersects High-Grade Gold at South Carlin Complex, Advances Permitting for South Railroad Project
Orla Mining Intersects High-Grade Gold at South Carlin Complex, Advances Permitting for South Railroad Project
Feb 25, 2025
07:16 AM EST, 02/25/2025 (MT Newswires) -- Orla Mining ( ORLA ) on Tuesday said it has intersected high-grade oxide gold at the South Carlin Complex in Nevada and is advancing permitting for the South Railroad project. Highlights of the exploration results include 34.7 meters at 2.68 grams per tonne gold, including 13.6 meters at 5.85 g/t gold, from the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved