Gilat Satellite Networks to be acquired by consortium of private equity investors
Submit on Tuesday, April 1st, 2008 06:00
Gilat Satellite Networks Ltd. has entered into a definitive merger agreement for the company to be acquired by a consortium of private equity investors that includes The Gores Group LLC, Mivtach Shamir Holdings Ltd., companies affiliated with Roy Ben-Yami, Ami Lustig and Eytan Stibbe and DGB Investments, Inc. in a transaction valued at approximately US$475 million.
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