1. Comtech Parries Proxy Challenge With $100M Investment

    Comtech Parries Proxy Challenge With $100M Investment

    Comtech Telecommunications Corp., facing a proxy challenge, Monday announced a $100 million deal with investors aligned with incumbent management and plans to expand the board of directors. Shares of Melville-based Comtech, with a market capitalization of about $616 million, fell 3.6% to $23.39 in midday trading Monday...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content

    1. Magnetar and White Hat fully support Comtech's strategy and the recently announced and well-thought-out leadership transition plan.
    2. As an existing Comtech shareholder with a long-term investment horizon, White Hat understands our company and the markets we serve.
  3. Topics Mentioned

  4. Authors