NasdaqGS:TTMIElectronic
Does Third Point Stake Change The Bull Case For TTM Technologies Stock (TTMI)?
TTM Technologies has completed a private offering of US$500 million in 6.750% senior unsecured notes due 2034, alongside plans for additional term loan financing. Together, these funding sources are intended to support the proposed acquisitions of Epiq Solutions and Swiss Technology Group and cover related corporate uses.
Activist investor Dan Loeb's Third Point has taken a stake in TTM Technologies, which raises questions about potential shifts in capital allocation, acquisition priorities,...