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ORBCOMM Enters into Agreement to be Acquired by GI Partners – Yahoo Finance

ORBCOMM Stockholders to Receive $11.50 Per Share in Cash Transaction Provides Significant Premium to ORBCOMM StockholdersROCHELLE PARK, N.J., April 08, 2021 …

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ORBCOMM Stockholders to Receive $11.50 Per Share in Cash Transaction Provides Significant Premium to ORBCOMM Stockholders
ROCHELLE PARK, N.J., April 08, 2021 (GLOBE NEWSWIRE) — ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that it has entered into a definitive agreement to be acquired by GI Partners, a leading US-based investor in data infrastructure businesses, in an all-cash transaction that values ORBCOMM at approximately $1.1 billion,…

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