GILT News and Press, Gilat Satellite Networks Ltd. From 07/27/20

Merger activity remained steady last week with three new deals announced and two deals closing. There has not been any significant M&A activity this year in the energy sector with oil prices collapsing due to the COVID-19 pandemic. After choosing to walk away from a bidding war with Oc...

PETAH TIKVA, Israel, July 22, 2020 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announces that Gilat received an extension for an 18-month managed service cellular backhaul project from...

Merger activity increased last week with three new deals announced and one deal closing. The biggest highlight for last week was the acquisition of Maxim Integrated Products (MXIM) by Analog Devices (ADI) in an all-stock deal for $21 billion, which is the largest deal so far this year. The...

PETAH TIKVA, Israel, July 15, 2020 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announces the selection of Gilat by Telefonica International Wholesale Services (TIWS), a subsidiary of T...

Comtech Telecommunications ( CMTL +3% ) is higher this morning amid a broad market rally, a significant state deal and a business update including its M&A litigation with Gilat Satellite Networks ( GILT -1.4% ). More news on: Comtech Telecommunications Corp., Gilat Satellite Networ...

Merger activity increased last week with two new deals announced and one deal closing. After receiving necessary approvals, Caesars Entertainment Corporation (CZR) and Standard Diversified (SDI) are on track to closing their deals in the near future. For a brief moment of time, on March 18, ...

Gilat Satellite (NASDAQ: GILT ), currently in a pending transaction  with Comtech Telecommunicatons (NASDAQ: CMTL ), announced it will seek remedies under the merger agreement following Comtech's complaint and claim that Gilat suffered a Material Adverse Effect due to the pandemic.&#x...

PETAH TIKVA, Israel, July 12, 2020 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced that further to its announcement of July 8, 2020, it was notified on July 11, 2020 that an amen...

Shares of Gilat Satellite Networks (NASDAQ: GILT) , a manufacturer of communications equipment -- specifically, satellite ground stations and related equipment -- saw its stock pummeled in Wednesday trading, closing the day down 14.4%. The reason: Earlier today, Gilat rival Comtech Telecomm...

PETAH TIKVA, Israel, July 08, 2020 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announces that it was advised that a complaint was filed by Comtech Telecommunications Corp. and by its s...