The U.S. Justice Department has cleared the proposed merger of satellite operators Intelsat and PanAmSat, leaving only the Federal Communications Commission to sign off before the $3.2 billion deal can go through. Intelsat Ltd. announced its intention to acquire long-time competitor PanAmSat last August. The company said May 26 that the Justice Department had closed its antitrust investigation of the proposed merger and is not seeking any conditions or making any comments on it. FCC's ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "Justice Department clears Intelsat-PanAmSat merger".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.