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Stocks in play: MDA Space Ltd.

Baystreet.ca - Baystreet - Fri Jun 19, 8:45AM CDT

Has signed a definitive agreement to acquire 100% of the membership interests of Blue Canyon Technologies LLC in an all-cash transaction for a purchase price and enterprise value of US$620 million (approximately C$874 million), subject to purchase price adjustments. Blue Canyon Technologies (BCT) is a spacecraft and satellite component manufacturer and mission services provider, currently part of RTX's Raytheon business. MDA Space Ltd. shares T.MDA are trading up $1.08 at $56.69.

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