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GuruTrader

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GuruTrader

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Friday, 10/02/2009 10:13:16 PM

Friday, October 02, 2009 10:13:16 PM

Post# of 27
ViaSat buys WildBlue Communications for USD568m

Oct 02, 2009 (M2 EQUITYBITES via COMTEX) -- ViaSat (NASDAQ:VSAT), a US wireless communication system provider, reported on Thursday that it is finalising a deal to buy WildBlue Communications, a privately held satellite broadband service company.
The purchase, which is subject to customary regulatory and other conditions, is said to be worth USD568m (EUR389.5m) in cash and stock and is expected to close in the fourth quarter of ViaSat's fiscal 2009/10, ending on 2 April.




(C)2009 M2 COMMUNICATIONS http://www.m2.com

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