$TRUMP $XAU Steyr Motors shares jump 20% after Red Cat’s €39-per-share takeover offer
Shares in Austrian defense engine maker Steyr Motors rose about 20% on Monday after U.S. drone maker Red Cat Holdings announced an all-cash offer of €39.00 per share, though the stock remained below the offer price.
The offer was made by SMOT Acquisition GmbH, a wholly owned subsidiary of Red Cat (RCAT) based in Vienna. Red Cat is incorporated in Nevada, headquartered in Salt Lake City, and listed on the Nasdaq.
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Shares in Austrian defense engine maker Steyr Motors rose about 20% on Monday after U.S. drone maker Red Cat Holdings announced an all-cash offer of €39.00 per share, though the stock remained below the offer price.
The offer was made by SMOT Acquisition GmbH, a wholly owned subsidiary of Red Cat (RCAT) based in Vienna. Red Cat is incorporated in Nevada, headquartered in Salt Lake City, and listed on the Nasdaq.
#BitcoinSurpasses$83,000 #CFTCAdvancesVoluntaryRegCAMFramework #ChinaQ3GDPGrowthQuickensTo4.5% #ZcashNU7ProposalWouldFreezeSproutSpending