Gogo to acquire Satcom Direct in cash and stock deal (NASDAQ:GOGO)

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  • Gogo (NASDAQ:GOGO) said it will acquire Satcom Direct in a cash and stock deal.
  • Under the deal, Satcom Direct will get $375M in cash and five million shares of Gogo stock at closing.
  • The deal also includes an additional $225M in payments tied to realizing certain performance thresholds over the next four years.



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