Gogo to Acquire Satcom Direct for $375M

Gogo Inc. (NASDAQ: GOGO) and Satcom Direct have announced a definitive agreement under which Broomfield-based Gogo will acquire Satcom Direct, establishing a multi-orbit, multi-band provider of global in-flight connectivity for the business aviation and military/government mobility markets. Under the terms of the agreement, Satcom Direct will receive $375 million in cash, 5 million shares of…

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