 "Deseret News (Salt Lake City)")
|
Intelsat to acquire PanAmSat for $3.2 billion
|
NEW YORK -- Satellite pioneer Intelsat Ltd. said Monday it is
acquiring PanAmSat Holding Corp. for $3.2 billion in a deal that
would add a top cable TV broadcaster to Intelsat's dominant position
as the biggest provider of space-based data and voice communications
for governments and businesses.
Intelsat, created in 1964 through a partnership of 147 nations and
then privatized in 2001, will also assume $3.2 billion of debt from
PanAmSat in the deal, the companies said Monday.
The proposed merger would nearly double Intelsat's satellite fleet
to 53 spacecraft, creating a company with $1.9 ...
Related newspaper, magazine, and trade journal articles from HighBeam Research
(Including press releases, facts, information, and biographies)
|
Intelsat to buy rival PanAmSat
; ...have 53 satellites 28 from Intelsat and 25 from PanAmSat and annual revenue of $1...satellite distributors like Intelsat and PanAmSat face competition from big...continue to slide even now.But Intelsat, PanAmSat and other satellite distributors...
|
|
Intelsat to Get Much Bigger, but Not Yet Profitable
; ...communications services. Intelsat and PanAmSat had flirted with a merger...corporation since 2001. Together, Intelsat and PanAmSat would have had $2 billion...their parts of the world. "Intelsat and PanAmSat are a good match. But I don...
|
|
Intelsat announces appointments to executive team.(BUSINESS)
; ...said, The combination of Intelsat and PanAmSat will result in a premier...industry. On August 29, 2005, Intelsat and PanAmSat announced that the two companies...merger agreement under which Intelsat will acquire PanAmSat for $25 per share in cash...
|
|
Intelsat to buy cable TV carrier PanAmSat
; ...Satellite pioneer Intelsat Ltd. said Monday it will buy PanAmSat Holding Corp. for...billion of debt from PanAmSat in the deal, the...would nearly double Intelsat's satellite fleet...competition because Intelsat and PanAmSat are strong in different...
|
|
Intelsat and PanAmSat to Merge - Final
; ...to discuss the merger of Intelsat and PanAmSat. As a reminder, today's call...this very exciting day for Intelsat and PanAmSat. With me this morning are...morning we announced that PanAmSat and Intelsat have reached a definitive...
|
|
People in Wireless News: Intelsat Makes Appointments to Executive Team
; ...following the closing of Intelsat's planned acquisition of PanAmSat Holding Corporation...transaction closes. Intelsat and PanAmSat on August 29 announced...agreement under which Intelsat will acquire PanAmSat for $25 per share in...
|
|
|
Intelsat Is Last Bidder for Rival; PanAmSat Drops Offer for Satellite Firm Eutelsat
; ...after competing bidder PanAmSat Corp. withdrew its bid Thursday...according to executives at PanAmSat and Intelsat. PanAmSat, the third-largest satellite...year. Connecticut-based PanAmSat has 23 satellites and generated...last year. Although neither Intelsat nor PanAmSat ...
|
|
|
Intelsat, PanAmSat Make Rival Bids for European Firm
; ...operator in the world, Intelsat Ltd. and rival PanAmSat Corp. are in competing...according to sources close to Intelsat. PanAmSat countered with a similar...discussions to possibly acquire PanAmSat; the Intelsat-PanAmSat talks have been on hold...
|
|
|
Intelsat Finalizes Acquisition of PanAmSat
; Wireless News 07-05-2006 Intelsat Finalizes Acquisition of PanAmSat WIRELESS NEWS-July 5, 2006-Intelsat Finalizes Acquisition of PanAmSat (C)2006 10Meters - http...completion of its merger with PanAmSat Holding Corporation. Intelsat said that with the addition...
|
|
|
Intelsat Loses CNN Contract To Its Fledgling Competitor
; ...Washington-based Intelsat has snared its...American Satellite (Panamsat) said yesterday it had beat Intelsat in a bid to provide...Fred Landman, Panamsat's president, said...United States. Panamsat, the first such...communications-about 15 percent of Intelsat's business. But...East ...
|
For more facts and information,
see all results
