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Gilat Satellite

Comtech Telecommunications Corp. to Acquire Gilat Satellite Networks for $532.5 Million

January 29, 2020 By admin Leave a Comment

Comtech Telecommunications Corp. (Nasdaq: CMTL) (“Comtech”) and Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) (“Gilat”) jointly announced today that Comtech has agreed to acquire Gilat in a cash and stock transaction for $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 … [Read more...] about Comtech Telecommunications Corp. to Acquire Gilat Satellite Networks for $532.5 Million

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