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Inmarsat Deal Will Need Variety of Regulatory OKs: Viasat

Viasat's proposed $7.3 billion acquisition of Inmarsat is "a complex transaction involving a variety of necessary approvals to be obtained before closing," a company spokesperson emailed us Tuesday in response to our question about what regulatory approvals will be needed…

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(see 2111080038). The companies "will be positioned to accelerate innovation, deliver enhanced quality of service, provide more product choice, and deliver greater value to existing and new customers, in a robustly competitive marketplace featuring a large number of capable suppliers, with additional satellite capacity constantly coming online."