Comtech to acquire Gilat Satellite Networks – Satellite News Digest

Comtech Telecommunications Corp. and Gilat Satellite Networks Ltd. jointly announced that Comtech has agreed to acquire Gilat in a cash and stock transaction for US$10.25 per Gilat ordinary share of which 70% will be paid in cash and 30% in Comtech common stock, resulting in an enterprise value of approximately US$532.5 million.

http://www.sat-nd.com/archive/?id=2020013002

Share This Article