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Gilat terminates merger agreement; buyers fire back

Submit on Saturday, August 30th, 2008 06:00

Gilat Satellite Networks Ltd. announced that it has notified the consortium of buyers that had agreed to purchase the company that it was terminating the agreement and plan of merger entered into on 31 March 2008. The buyers strongly denied Gilat’s allegations they had breached the agreement.

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This entry was posted on Saturday, August 30th, 2008 at 6:00 am and is filed under BUSINESS. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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