Intelsat inks agreement to buy PanAmSat for $3.2B
Intelsat and PanAmSat have signed a merger agreement under which Intelsat will buy PanAmSat for $3.2 billion, giving the company a combined fleet of 53 communications satellites. Intelsat will either refinance or assume $3.2 billion in debt from PanAmSat and its subsidiaries. Shareholders owning...
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