$3.4 billion Inmarsat acquisition hype turns out to be true

British satellite communications company Inmarsat has been the centre of numerous acquisition stories in recent years, and this one is actually progressing.
Last week, the Inmarsat board released a statement confirming it was in preliminary discussions regarding a takeover, and today it has confirmed an offer is on the table. Not only will this put $3.4 billion into the pockets of the shareholders, it will also take the firm back into private equity, protecting it from the roller-coaster ride wh