Lockheed Martin will pay $1.2 billion for Comsat tender offer.

LOCKHEED MARTIN said it will pay $1.2 billion for the Comsat shares accepted during the tender offer. About 47.3 million shares were tendered and not withdrawn before completion of the offer, and Lockheed Martin accepted for payment about 26 million shares at a price of $45.50 per share. Completion...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.