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Snowball Research
JANA Partners reached agreement with Mercury Systems (MRCY)

JANA Partners reached agreement with Mercury Systems (MRCY)

Jul 11, 2024
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Snowball Research
Snowball Research
JANA Partners reached agreement with Mercury Systems (MRCY)
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Key Summary: On December 23, 2021, JANA Partners (6.6%) sought discussions with the board about maximizing shareholder value, including strategic alternatives like a company sale. On January 31, 2023, the company announced its Board would explore strategic alternatives. JANA Partners (4.6%) applauded this decision on February 3, 2023. On January 13, 202…

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