spacetoday.net: space news from around the webin association with SpaceNews


Inmarsat shareholders approve buyout
Posted: Sun, May 19, 2019, 11:05 AM ET (1505 GMT)
Shareholders have approved a private-equity takeover of Inmarsat. More than three quarters of shareholders voted on May 10 in favor of the proposed acquisition by private equity firms Apax and Warburg Pincus and Canadian pension firms CPPIB and OTPP, which valued the company at $3.3 billion. The deal comes after Inmarsat twice rejected offers from U.S. satellite operator EchoStar, saying the offers of up to $4.25 billion undervalued the company. Analysts said that this deal won favor because of a higher per-share price and the all-cash nature of the offer. Inmarsat expects the deal to close in the fourth quarter of 2019.
Related Links:
<<previous article   next article>>
news in brief
Vector replaces CEO and suspends operations
Posted: Mon, Aug 12 4:03 PM ET (2003 GMT)

Atlas 5 launches AEHF-5 communications satellite
Posted: Mon, Aug 12 4:00 PM ET (2000 GMT)

Ariane 5 launches two communications satellites
Posted: Mon, Aug 12 3:58 PM ET (1958 GMT)

news links
Saturday, August 17
Florida's Space Coast is booming with commercial activity
WFTV Orlando — 10:34 am ET (1434 GMT)
Northrop Grumman setting up shop inside NASA's VAB
WOFL-TV Orlando — 10:33 am ET (1433 GMT)
Virgin Galactic Unveils Its New Space Base, but No Flights Yet
Bloomberg News — 10:29 am ET (1429 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list