AcquisitionsApr 14, 2026, 12:50 PM
Amazon to acquire Globalstar via definitive merger agreement
AI Summary
Amazon.com, Inc. and Globalstar, Inc. have announced a definitive merger agreement for Amazon to acquire Globalstar. This strategic acquisition is subject to the satisfaction of certain closing conditions, including the receipt of required regulatory approvals. The companies issued a joint press release to disclose the terms of the agreement.
Key Highlights
- Amazon.com, Inc. to acquire Globalstar, Inc.
- Companies entered into a definitive merger agreement.
- Transaction is subject to regulatory approvals and closing conditions.