GILT News and Press, Gilat Satellite Networks Ltd. From 10/22/20

PETAH TIKVA, Israel, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that it was awarded a $20 Million cellular backhaul managed service three-year contract r...

PETAH TIKVA, Israel, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today announced that it will release its third quarter 2020 financial results on Tuesday, November 10, 20...

"After the slowest quarter on record for [space infrastructure] investment since 2009, investment in this layer of the stack rebounded in Q3 to pre-COVID levels," Space Capital managing partner Chad Anderson wrote in the latest Space Investment Quarterly.$3.6B was brought in during the third ...

Gilat Satellite Networks (GILT) has won three-year managed service contract for cellular backhaul by Southern Linc, a fully owned subsidiary of Southern Company. As per agreement terms, Southern Linc to use satellite transmission for backhaul services when established networks are unavailable...

PETAH TIKVA, Israel, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, has been awarded by three-year managed service contract for cellular backhaul by Southern Linc, a fully o...

Merger activity increased significantly last week with ten new deals announced. The merger of WPX Energy (WPX) and Devon Energy Corporation (DVN). Morgan Stanley (MS) completes the acquisition of E*TRADE Financial Corporation (ETFC). For further details see: Me...

After dropping significantly in the March sell-off, Comtech has never recovered and is down ~60% YTD. Hanging over its head is a big takeover deal with Gilat that has turned into a legal battle. Meantime the business appears to be strong and the company has announced a $100 millio...

Comtech (CMTL) and Gilat Satellite (GILT) +10% have agreed to terminate the merger agreement announced on Jan. 29, 2020 and have settled all pending litigation in the Delaware Court of Chancery.Merger termination and the settlement agreement have been approved by each company’...

OCTOBER 5, 2020 5:30AM EST -- Comtech Telecommunications Corp. (Nasdaq: CMTL) (“Comtech”) and Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) (“Gilat”) announced today that the companies have agreed to terminate the merger agreement first announced o...

Merger activity increased last week with one new deal announced. The acquisition of Standard AVB Financial by Dollar Mutual Bancorp. InnerWorkings receives shareholder approval. For further details see: Merger Arbitrage Mondays - A Very Active Quarter Draws To A Clo...