Intelsat to Acquire Rival PanAmSat for $3.2 Billion
Tuesday, August 30th, 2005Fresh from yesterday’s New York Times:
Intelsat plans to announce today that it has agreed to acquire a rival, the PanAmSat Holding Corporation, creating the world’s largest operator of satellites that distribute data and video programming for clients.
Intelsat, which is a private company, will pay $3.2 billion, or $25 a share, for PanAmSat, executives at [...]






