PARIS — A British regulator’s decision to undertake an in-depth review of Viasat’s purchase of Inmarsat means the transaction will not close by the end of this year, as the companies had hoped, but likely will in limbo through March.
The decision of the UK Competition and Markets Authority (CMA) to conduct a Phase 2 investigation, announced Oct. 14, was expected following CMA’s Oct 6 assessment that the merger of the two satellite fleet operators threatened “a substantial lessening of competition” in the in . . .
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