There Are Some Things Money Can’t Buy. For Everything Else, There’s …
Bloomberg: Boeing to Buy Spirit Aero for $4.7 Billion in Stock Deal
Boeing Co. agreed to buy back Spirit AeroSystems Holdings Inc. for $37.25 a share in an all-stock deal that values the supplier at $4.7 billion, unwinding a two-decade separation as the embattled US planemaker tries to fix is manufacturing defects.
The total transaction value is about $8.3 billion, including Spirit’s last reported net debt, according to a statement early on Monday. Rival Airbus SE will also take over parts of Spirit that make parts for its operations, and the European planemaker will pay a nominal price of $1 for the assets, while receiving $559 million in compensation, according to a separate release.
Daring Fireball: Wavelength Is Shutting Down at the End of July
We’re sad to announce that we’re shutting down Wavelength. We’re so grateful to our users and community — you’ve been amazing.
On July 31st we’ll turn off our servers, which means that you’ll no longer be able to sign in, create a group, or send messages. You will continue to have access to your message history as long as you keep the app installed on your device, but we recommend saving or copying anything important out of the app as soon as you can.
Your Wavelength account data will be deleted from our servers at the time of the shutdown. Rest assured that we will not retain, sell, or transfer any user information, and that your messages remain end-to-end encrypted and secure.
CleanTechnica: Mercury Marine Goes Electric With Its New Family Of Avator Motors
What’s beautiful about Mercury’s electric lineup is that most marinas are already equipped with shore power today. That fact alone makes it easy for a boat owner to simply plug their Avator-equipped boat into shore power and keep it charged up at all times. No more worries about old gas, refueling, or even maintenance.
NYT: Trump Moves to Overturn Hush-Money Conviction, Citing Immunity Decision
Former President Donald J. Trump took the action hours after a U.S. Supreme Court ruling granted him immunity for official acts committed in office.
Interesting idea of what an “official act” is.
Last Updated: 01.Jul.2024 23:00 EDT
