Viasat boldly goes and splashes $7.3bn on Inmarsat

Two of the oldest names in satellite connectivity are coming together to create a behemoth that can go toe-to-toe with the growing number of upstarts aiming for the stars.
US-based Viasat has agreed to acquire UK counterpart Inmarsat in a cash, stock and debt deal valued at $7.3 billion. The transaction comprises $850 million in cash, 46.36 million Viasat shares worth $3.1 billion at last Friday’s closing price, and the assumption of $3.4 billion of Inmarsat net debt.
In return for all tha