Speculating in Takeover Targets Message Board

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Strategies & Market Trends : Speculating in Takeover Targets

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From: E_K_S	1/29/2020 9:41:59 AM
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Comtech to buy Gilat Satellite in $532M cash and stock deal Jan. 29, 2020 9:37 AM ET\|About: Comtech Telecommunications ... (CMTL)\|By: Carl Surran, SA News Editor Comtech Telecommunications ( CMTL -15.1%) agrees to acquire Gilat Satellite Networks ( GILT -5.3%) in a cash and stock deal for $10.25/share, resulting in an enterprise value of $532.5M. Gilat shareholders will receive $7.18/share in cash and 0.08425 of a Comtech share for each share of Gilat held. Comtech says the deal strengthens its position as a leading supplier of advanced communication solutions, creating a company with combined pro-forma sales approaching nearly $1B annually. ------------------------------------------------------------ CMTL shareholders selling off the stock EKS

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