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Red Cat Jumps 8% on Cash Offer for Steyr Motors; AeroVironment and Kratos Edge Higher

Source: 247wallst.com

M&A & RestructuringCompany Fundamentals
Red Cat Jumps 8% on Cash Offer for Steyr Motors; AeroVironment and Kratos Edge Higher

A cash offer for Austrian engine maker Steyr Motors is sending Red Cat Holdings shares sharply higher as the drone maker expands into propulsion. The article excerpt does not specify the offer value or the size of the share-price move.

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