Viasat has announced that it has received the necessary stockholder approvals for the proposed acquisition of Inmarsat at its special meeting of stockholders. Viasat expects the transaction to close in the second half of 2022, subject to the receipt of certain regulatory approvals and clearances and the satisfaction of other customary closing conditions.
The combined company will create a leading global communications innovator with enhanced scale and scope to affordably, securely, and reliably connect the world. Viasat believes the strategic combination will increase the pace of innovation to help drive new and better services for customers, broaden opportunities for employees, and provide a foundation for significant positive free cash flow.
