International Companies
Amazon to buy Globalstar in $11.5bn deal
By Michele Maatouk
Date: Tuesday 14 Apr 2026
(Sharecast News) - Amazon said on Tuesday that it has agreed to buy satellite services operator Globalstar in an $11.5bn deal.
Under the terms of the acquisition, Amazon will pay $90.00 in cash per share, or 0.3210 shares of Amazon common stock with a value capped at $90 per share.
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