1. Bristow's Deal for Columbia Helicopters Opposed by Activist Investor

    Bristow's Deal for Columbia Helicopters Opposed by Activist Investor

    Bristow ( BRS -3.4% ) is lower after activist investor Global Value Investment comes out against the proposed financing of the company's planned acquisition of Columbia Helicopters. Under the proposed financing, Global Value estimates that 33M-33.5M BRS shares would be issued in order to consummate the acquisition, representing a 93% dilution...

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