PanAmSat Sold for $4.3 billion
Private equity firm Kohlberg Kravis Roberts & Co. (KKR) has agreed to acquire PanAmSat Corp. for $4.3 billion, including the assumption of $750 million in debt. The satellite operator and The DirecTV Group Inc., which holds 80.5% of PanAmSat's stock, signed a definitive transaction agreement with...
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