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[BIG TECH]■ STORY TIMELINE

AMAZON BUYS GLOBALSTAR FOR $11.57B

Amazon has agreed to acquire satellite operator Globalstar for $11.57 billion, paying $90 per share in cash or stock. The deal, contingent on Globalstar meeting certain HIBLEO-4 replacement satellite milestones, is expected to close in 2027.

20 SOURCESFIRST SEEN APR 13, 05:40 PM► READ THE ARTICLE
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