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Forrester’s Digest: MDA ups bid for SatixFy by massive 43% – SatNews
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Forrester’s Digest: MDA ups bid for SatixFy by massive 43% – SatNews
Canadian-based satellite construction specialists MDA has increased its offer to buy satcom technology provider SatixFy by 43 percent as it faced a competing bid. The increased offer values SatixFy at $280 million (€247.9m). Back on April 1 when the acquisition was first announced MDA had offered $2.10 per share. SatixFy then approached 75 potential bidders and received an offer of $2.53 per share although no cash would have been involved. MDA r…
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