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Red Cat Proposes Steyr Motors Takeover At €39/shr

(RTTNews) - Red Cat Holdings, Inc. (RCAT), a provider of drone and robotic solutions for defense and national security, on Monday announced a proposed voluntary public offer to acquire all outstanding shares of Steyr Motors AG (4X0.DE) for 39 euros per share in cash.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

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