NasdaqGS:GSATTelecom
Amazon’s US$10.7b Globalstar Deal Puts Focus On Merger Valuation Risks
Amazon has agreed to acquire Globalstar (NasdaqGS:GSAT) in a US$10.7b merger.
The deal offers Globalstar shareholders a choice between cash or Amazon stock.
The transaction reflects a full buyout that would shift Globalstar into Amazon's corporate structure once completed.
Globalstar operates satellite connectivity services, a segment that sits at the intersection of telecoms and space infrastructure. This merger with Amazon places Globalstar directly inside a large technology and services...