PARIS — In-flight-connectivity provider Gogo Inc. agreed to sell its Commercial Aviation division to Intelsat, a large supplier of Gogo satellite capacity, for $400 million in cash following the transaction’s approval of by Intelsat’s Chapter 11 bankruptcy court.
Approval had been expected following Intelsat creditors’ endorsement in mid-August. The creditors’ sign-off made it all but inevitable that the Bankruptcy Court for the Eastern District of Virginia would approve it at an Aug. 31 hearing: https://bit . . .
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