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recent earnings report Terran OrbitalTechCrunch
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78% Informative
Lockheed will buy Terran Orbital for $ 0.25 per share and retire its existing debt.
Terran Orbital reported cash reserves of $14.6 million as of July 31 .
Lockheed first proposed acquiring the company for more than $500 million in March .
Lockheed dropped its bid in May , and Terran Orbital responded by introducing a limited-duration stockholder rights plan.
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39
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