Please note: I'm just sharing my view. its not a recommendation for buying or selling.
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RigNet (NASDAQ:RNET) inks agreement with Viasat, Pursuant to which, Viasat (NASDAQ:VSAT) will acquire RigNet in an all-stock transaction representing an EV of 222M, including RigNet's net debt as of Sept. 30, 2020. RigNet's board of directors and largest stockholder support transaction. RigNet stockholders to receive 0.1845 shares of Viasat stock per RigNet share, a 17.9% premium over both companies' 20-day volume-weighted average prices Transaction expected to close by mid-calendar year 2021.
“The fact is that if traders really believed that anything could happen at any time, there would be considerably fewer losers and more consistent winners.” ― Mark Douglas, Trading in the Zone
Feragatname
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