Monday, September 19, 2022

Viasat, Inmarsat Get Merger Nod From UK

Carlsbad-based satellite communications company Viasat, and fellow satellite communications company Inmarsat said Friday that the two companies have gotten approval of their proposed combination of businesses from the UK Government, under that country's National Security & Investment Act. The approval is one of the hurdles along the way to the completion of the $7.3 billion merger announced by the two companies in November of 2021.