Press Release: Longtime Offshore-Energy Investor Robotti & Company Calls on McDermott Board to Let All Shareholders Participate Equally in Rights Offering

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Details: Written by Globe NewsWire Press Releases; Category: Globe NewsWire News Distribution Service; Published: 10 July 2026; Created: 10 July 2026; Last Updated: 10 July 2026

Urges McDermott to Amend Offering Terms to Include an Oversubscription Privilege Expresses View That Offering Price Massively Undervalues the Recovered and Growing Business Criticizes Structure of Offering for Concentrating Ownership Among Privileged Insiders While Diluting Others

Posted: 2026-07-10 01:00:00

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