Just about a month ago Canadian Industry Minister Jim Prentice rejected the proposed $1.3 billion sale of MDA's space and information systems divisions (maker of the Radarsat-2 satellite) to Alliant Techsystems Inc. The reason: there was no "net benefit" for the country.
Alliant had 30 days to respond and convince official otherwise. Today's the end of that period and it looks like the decision will stand. Alliant announces year end earnings today. It's expected charges related to the failed purchase will be applied to Q4 earnings.
-
CBC
Comments
May 16
The new companies such as Blue Dasher [...]
Tim Heinse about Dangermond on TomTom Acquisition Approval
May 16
I believe the real question is what will [...]
spatial360 about Jane's Puts Global Incident Map Behind Pay Wall
May 16
What's wrong with a company that [...]
Stevenr about Quote of the Week
May 16
It is inevitable with the number of [...]
Jamie about Google/ESRI Announcement in Plain English
May 16
Yep. City, county, and state level, and [...]
Peter about Dangermond on TomTom Acquisition Approval
May 15
so, um, what's it mean?
Bill Dollins about Where 2.0 on Twitter
May 15
Some did but not all. I couldn't tell [...]