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Intelsat, Ltd. has announced the successful closing of the acquisition of all of the primary equity ownership of its parent, Intelsat Holdings, Ltd. by Serafina Holdings, Limited, an entity formed by funds advised by BC Partners, Silver Lake and certain other equity investors.
Read MoreMobile Satellite Ventures ("MSV") and SkyTerra Communications, Inc. ("SkyTerra") announced today that they have entered into a definitive agreement wherein they plan to sell to Harbinger Capital Partners Master Fund I, Ltd, and Harbinger Capital Partners Special Situations Fund, LP (together, “Harbinger”), $150 million of MSV's Senior Unsecured Notes due 2013 (“Notes”) and Warrants.
Read MoreA 14 percent stake of ProtoStar satellite is going to cost Indian company Subhash Chandra-promo'd Agrani Satellite some $64 million, with the acquiring company obtaining all 14 Ku-band transponders of the satellite.
Read MoreStratos Global Corporation [TSX:SGB] announced CIP Canada Investment, Inc. has acquired beneficial ownership of all of the issued and outstanding common shares of Stratos through a Plan of Arrangement under the Canada Business Corporations Act, for a cash purchase price of C$7.00 per share.
Read MoreTellitec has now become a fully integrated subsidiary of the Newtec Group. Offering an extensive range of IP software solutions, Tellitec's and Newtec's announcement cements the already existing relationship between the two companies.
Read MoreA strategic expansion of MacDonald, Dettwiler and Associates Ltd. [TSX:MDA] Information Systems business in the United States will occur as the company has entered into an agreement to acquire Alliance Space Systems, LLC, located in Pasadena, California.
Read MoreAndrew Corporation has reached agreement for the sale of their Satellite Communications business to Resilience Capital Partners, a Cleveland, Ohio-based private equity firm. Under the agreement, Andrew will receive up to $39 million in total potential cash consideration as well as an ownership stake in the new satellite communications company Resilience will establish with the acquired Andrew assets.
Read MoreAndrews Space has acquired Automated Controlled Environments, Incorporated (ACEI). The latter firm is a privately held California corporation developing fault-tolerant aerospace avionics and advanced control systems.
Read MoreLoral Space & Communications Inc. [NASDAQ: LORL] has announced the CAD 3.25 billion acquisition of Telesat Canada by Loral and the Public Sector Pension Investment Board (PSP Investments), including the transfer of Loral's fixed satellite services business Loral Skynet, has been completed.
Read MoreAurora Flight Sciences Corporation announced today that it has acquired Payload Systems, Inc. of Cambridge, Massachusetts effective October 26, 2007. Payload Systems was founded in 1984 with a mission to provide science and engineering services for spaceflight and terrestrial applications.
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