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Viasat to acquire Inmarsat

Submit on Monday, November 8th, 2021 22:31

Viasat Inc. and Inmarsat announced they have entered into a definitive agreement under which Viasat will acquire Inmarsat in a transaction valued at US$7.3 billion, comprised of US$850.0 million in cash, approximately 46.36 million shares of Viasat common stock valued at US$3.1 billion based on the closing price on Friday November 5, 2021, and the assumption of US$3.4 billion of net debt.

This entry was posted on Monday, November 8th, 2021 at 10:31 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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