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Business / Stock Market

ORBCOMM Stock Is Trading Higher On Being Acquired For $1. 1B At 52% Premium

Published Apr 08 2021 at 1:11 PM GMT
Benzinga

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  • Data infrastructure business investor GI Partners has agreed to acquire Internet of Things (IoT) solutions provider ORBCOMM Inc (NASDAQ: ORBC) for $1.1 billion, including net debt.
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  • Published Apr 8, 2021 1:11 PM GMT