Daily Archives: April 12, 2018

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Mudrick Offers Liquidity to Globalstar

Purpose of Transaction. The Reporting Persons purchased the Shares based on the Reporting Persons’ belief that the Shares, when purchased, were undervalued and represented an attractive investment opportunity. Depending upon overall market conditions, other investment opportunities available to the Reporting Persons, and the availability of Shares at prices that would make the purchase or sale…

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Tenneco to Split into Two Cos

Aftermarket & Ride Performance Company; Powertrain Technology Company Transformational acquisition accelerates long-term value creation by creating two focused, purpose built industry leaders in their respective markets with greater scale, and strategic and financial flexibility. Brings together complementary businesses – the aftermarket and ride performance company will include Tenneco Ride Performance and Federal-Mogul Motorparts, and the…