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Globalstar, Inc.

Globalstar, Inc.

Satellite operator (Nasdaq: GSAT)

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Amazon's pending acquisition of Globalstar

Money Moves

Subject of pending acquisition

A SpaceX Falcon 9 lifted off from Cape Canaveral on Sunday morning carrying replacement satellites Globalstar needs to keep its mobile network alive. The same launch ticks off one of the conditions Amazon set before paying about $10.7 billion to buy the company.

Updated 7 days ago