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Cobham On Way To Acquiring All Of Thrane & Thrane

Defense Daily Staff Defense Daily Staff
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Britain’s Cobham plc on Tuesday said it has secured commitments for more than 90 percent of the shares in the Danish satellite communications firm Thrane & Thrane, putting it on a path to own the entire company. Earlier that day, Cobham extended its offer for the remaining shares in Thrane & Thrane that it did not already own. Cobham’s previous offer to shareholders expired on May 21 but the company extended the offer until June 18. The British company in…

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