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Comtech to acquire Gilat Satellite Networks

Submit on Thursday, January 30th, 2020 22:57

Comtech Telecommunications Corp. and Gilat Satellite Networks Ltd. jointly announced that Comtech has agreed to acquire Gilat in a cash and stock transaction for US$10.25 per Gilat ordinary share of which 70% will be paid in cash and 30% in Comtech common stock, resulting in an enterprise value of approximately US$532.5 million.

This entry was posted on Thursday, January 30th, 2020 at 10:57 pm 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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