According to Bloomberg, Activist Firm Jana Pushes for Sale of Mercury Systems (MRCY)

  • December 26, 2021

POTENTIAL DEAL DETAILS

StockMercury Systems, Inc.SymbolMRCY
Date Announced12/23/2021Source Bloomberg
TypeNews Report

Activist investor Jana Partners has built a position in Mercury Systems Inc. (MRCY) and plans to push for a strategic review of the U.S. defense electronics manufacturer, including exploring a potential sale, according to people familiar with the matter.

Update(s):

March 2, 2022: Activist investor Elliott Investment Management has built a sizable position in Mercury Systems Inc. (MRCY) and has made an offer to acquire the defense electronics manufacturer, according to people familiar with the matter.

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