Mercury Systems Inc on Tuesday announced the exit of finance chief Michael Ruppert and said the defense technology firm had initiated a review of strategic alternatives.
Separately, activist investor Jana Partners had said that it would push Mercury to consider options for its business, including a potential sale. "The company does not intend to disclose developments relating to this process unless and until the board has approved a specific agreement or transaction or has terminated its review."Citi and Goldman Sachs & Co. LLC are serving as financial advisors to Mercury.
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