PARIS — Viasat Chairman Mark D. Dankberg said the slide in the company’s stock since the announcement of the proposed acquisition of mobile satellite services provider Inmarsat will not affect the transaction because it was concluded for a fixed amount of Viasat shares, not a given share value.
The Nov. 5 announcement was valued at $7.3 billion, including $850 million in cash and $3.1 billion in Viasat stock, based on a $67 share price, which is where it was trading on the Nasdaq exchange that day. The . . .
To view the entire article, become a subscriber!