​Dilution Fears: Boeing Considers $10 Billion In New Shares As Strikes Strain Liquidity – Tyler Durden

Dilution Fears: Boeing Considers $10 Billion In New Shares As Strikes Strain Liquidity Boeing shares are lower in premarket trading in New York after a Bloomberg report revealed the struggling aerospace giant, plagued with a multi-week strike by its union, will need to raise at least $10 billion through a new stock offering as cash reserves dwindle.  People familiar with the matter say Boeing executives are working with advisors to explore different avenues to raise cash as the company’s financial health deteriorates due to the strike of 33,000 workers, which is nearing its third week.  The company is working with advisers to explore…  — Continue at ZeroHedge News : Read More