A Buyer for Iridium, Sea Launch Supports O3b Sky Report Independent investment banking firm Greenhill and Co. said its affiliate GHL Acquisition Corp. will acquire Iridium Holdings for $591 million. Further, Greenhill said it would invest $22.9 million in Iridium convertible debt, prior to completion of the transaction --- Sea Launch said it signed an agreement with O3b Networks for launch missions supporting the deployment of the company's medium Earth orbit (MEO) satellite constellation. The first launch is set for late 2010. O3b Networks, which has backing from Google, Liberty Media and others, is developing a satellite-based global communications platform that will provide high-speed, low-cost internet connectivity to emerging markets.
------------------------------------------------------- Amateur Radio Operator Duane Whittingham - N9SSN Skywarn, ARES, SATERN City of Chicago CERT Member Red Cross Disaster Services Technology Member Red Cross ECRV Certified ******************************* * POST TO [EMAIL PROTECTED] * ******************************* Medianews mailing list [EMAIL PROTECTED] http://lists.etskywarn.net/mailman/listinfo/medianews
