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Investment bank buys Iridium

Submit on Wednesday, September 24th, 2008 06:00

GHL Acquisition Corp. and Iridium Holdings LLC jointly announced the signing of a definitive agreement under which they plan to combine. The proceeds of the transaction will enable Iridium to be debt free and well positioned to develop its next generation satellite constellation, “Iridium NEXT.”

This entry was posted on Wednesday, September 24th, 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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