mackaycartoons

Graeme MacKay's Editorial Cartoon Archive

  • Archives
  • DOWNLOADS
  • Kings & Queens
  • MacKaycartoons Inc.
  • Prime Ministers
  • Special Features
  • The Boutique
  • Who?
  • Young Doug Ford
  • Presidents

hacking

Saturday June 17, 2017

June 16, 2017 by Graeme MacKay

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Saturday June 17, 2017

China-based Hytera returns with matching bid for Vancouver’s Norsat International

September 23, 2016

Norsat International Inc., the Vancouver tech firm at the centre of duelling acquisition bids, says China-based Hytera Communications has matched a $67.3 million US rival takeover offer from an American fund manager.

Hytera, which manufactures radio transceivers and radio systems, made its friendly takeover offer for Norsat last year and received clearance under the Investment Canada Act this month.

April 26, 2017

But Privet Fund Management LLC — a U.S. company that already owns 17.6 per cent of Norsat’s equity — emerged with a rival bid this week that was 25 cents per share above Hytera’s offer of $11.25 US.

Although Hytera has now raised its offer to $11.50 US per share and amended the break fees in line with Privet’s bid, Norsat says there’s no assurance that the transaction will get all necessary approvals and be completed.

Hytera’s proposal has sparked a heated political debate over national security risks.

Prime Minister Justin Trudeau said this week that the U.S. was consulted before Industry Canada gave its approval early in June. But Norsat says it also needs approval from the federal government’s industrial technologies office.

Norsat announced Friday that its previously adjourned shareholders meeting will resume next Thursday in Richmond, B.C. (Source: CBC News) 

 

SaveSave

Posted in: Canada, International Tagged: Canada, China, Defence, hacking, Hytera, Justin Trudeau, military, NATO, Norsat, security, surveillance, USA

Please note…

This website contains satirical commentaries of current events going back several decades. Some readers may not share this sense of humour nor the opinions expressed by the artist. To understand editorial cartoons it is important to understand their effectiveness as a counterweight to power. It is presumed readers approach satire with a broad minded foundation and healthy knowledge of objective facts of the subjects depicted.

  • The Hamilton Spectator
  • The Toronto Star
  • The Globe & Mail
  • The National Post
  • Graeme on T̶w̶i̶t̶t̶e̶r̶ ̶(̶X̶)̶
  • Graeme on F̶a̶c̶e̶b̶o̶o̶k̶
  • Graeme on T̶h̶r̶e̶a̶d̶s̶
  • Graeme on Instagram
  • Graeme on Substack
  • Graeme on Bluesky
  • Graeme on Pinterest
  • Graeme on YouTube
New and updated for 2025
  • HOME
  • MacKaycartoons Inc.
  • The Boutique
  • The Hamilton Spectator
  • The Association of Canadian Cartoonists
  • The Association of American Editorial Cartoonists
  • You Might be From Hamilton if…
  • Young Doug Ford
  • MacKay’s Most Viral Cartoon
  • Intellectual Property Thief Donkeys
  • Wes Tyrell
  • Martin Rowson
  • Guy Bado’s Blog
  • National Newswatch
...Check it out and please subscribe!

Your one-stop-MacKay-shop…

T-shirts, hoodies, clocks, duvet covers, mugs, stickers, notebooks, smart phone cases and scarfs

2023 Coronation Design

Brand New Designs!

Follow Graeme's board My Own Cartoon Favourites on Pinterest.

MacKay’s Virtual Gallery

Archives

Copyright © 2016 mackaycartoons.net

Powered by Wordpess and Alpha.

Social media & sharing icons powered by UltimatelySocial
 

Loading Comments...