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SPOT’s
new home agreed: Jepardises PAS growth
The sale of PanAmSat (trading symbol SPOT) announced
barely two months ago, will see private equity
firm Kohlberg Kravis Roberts pay $4.3bn ($3.55bn
+ debt) to acquire the 80.5% stake owned by DirecTV
Group. The purchase is expected to close in 2H
of this year. |