Gilat Announces Shareholder Approval of Merger
Article filed on July 3, 2008
Gilat Satellite Networks announced today that its shareholders approved the proposed buyout of the company for $11.40 per share.
The transaction is expected to close between August 4, 2008 and September 28, 2008, pending regulatory approval from the FCC, the Committee on Foreign Investment in the United States, and other closing conditions.