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home / news releases / VSAT - Viasat Inmarsat get UK government approval for combination


VSAT - Viasat Inmarsat get UK government approval for combination

  • Viasat ( NASDAQ: VSAT ) and Inmarsat have received approval from the UK government for their proposed combination.
  • The UK's secretary of state for Business, Energy and Industrial Strategy announced the deal doesn't pose a risk to national security.
  • That follows a March commitment by Viasat and Inmarsat to strengthen national space strategy, including expanding highly skilled jobs in key areas, and a 30% increase in overall research and development spending in the UK.
  • Viasat ( VSAT ) had agreed to purchase Inmarsat in a transaction valued at $7.3 billion in November .

For further details see:

Viasat, Inmarsat get UK government approval for combination
Stock Information

Company Name: ViaSat Inc.
Stock Symbol: VSAT
Market: NASDAQ
Website: viasat.com

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