Tag: Chapter 11

FCC OKs OneWeb Sale to UK Government, Bharti GlobalM&A Activity

FCC OKs OneWeb Sale to UK Government, Bharti Global

The Federal Communications Commission has cleared the sale of satellite company OneWeb to the U.K. government and Bharti Global, SpaceNews reported Wednesday.
Federal Bankruptcy Court OKs Sale of OneWeb to UK Gov’t, Bharti Under Reorg PlanNews

Federal Bankruptcy Court OKs Sale of OneWeb to UK Gov’t, Bharti Under Reorg Plan

A federal bankruptcy court judge for the Southern District of New York has approved a reorganization plan clearing the sale…
Hughes to Participate in UK Gov’t-Bharti Consortium for OneWeb; Pradman Kaul QuotedNews

Hughes to Participate in UK Gov’t-Bharti Consortium for OneWeb; Pradman Kaul Quoted

Hughes Network Systems has agreed to make an in-principle investment of $50M in a consortium with the U.K. government and…
Lockheed to Acquire GalacticSky Satellite Tech From VectorM&A Activity

Lockheed to Acquire GalacticSky Satellite Tech From Vector

Lockheed Martin (NYSE: LMT) will acquire by default Vector’s satellite technology assets in bankruptcy proceedings after the U.S. Bankruptcy Court…
Carlyle Group to Make Equity Investment in Military Aircraft Service Provider NORDAMFinancial Report

Carlyle Group to Make Equity Investment in Military Aircraft Service Provider NORDAM

The Carlyle Group (Nasdaq: CG) signed an agreement to invest in NORDAM, a family-owned aerospace manufacturing and repair company, and
Avaya Names 7 Board Members Under Reorganization PlanExecutive Moves

Avaya Names 7 Board Members Under Reorganization Plan

Avaya has appointed seven new members to its board of directors as part of the Santa Clara, California-based communications technology
COO Jim Chirico to Succeed Kevin Kennedy as Avaya CEOExecutive Moves

COO Jim Chirico to Succeed Kevin Kennedy as Avaya CEO

Jim Chirico, chief operating officer and global sales leader at Avaya, has been named CEO and a board member of the
L-3 to Buy Implant Sciences’ Explosive Trace Detection Assets for $117MM&A Activity

L-3 to Buy Implant Sciences’ Explosive Trace Detection Assets for $117M

L-3 Communications (NYSE: LLL) has agreed to purchase the explosive trace detection business assets of Implant Sciences for $117.5 million cash