BRIEF-Maxar Technologies - To Pay A Termination Fee Of $51.9 Million To Galileo Parent, Inc. If The Merger Agreement Is Terminated By Co

Reuters
16 Dec 2022

Dec 16 (Reuters) - Maxar Technologies Inc :

* MAXAR TECHNOLOGIES - REQUIRED TO PAY A TERMINATION FEE TO GALILEO PARENT, INC. EQUAL TO $51.9 MILLION IF THE MERGER AGREEMENT IS TERMINATED BY CO

* MAXAR TECHNOLOGIES - WILL BE REQUIRED TO PAY TERMINATION FEE TO GALILEO PARENT OF $124.5 MILLION IF DEAL TERMINATED IN CERTAIN SPECIFIED CIRCUMSTANCES

* MAXAR TECHNOLOGIES - DEAL ALSO PROVIDES REVERSE TERMINATION FEE OF $249 MILLION TO BE PAYABLE BY GALILEO PARENT TO CO UNDER SPECIFIED CIRCUMSTANCES

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