Amazon to Buy Satellite Operator Globalstar for $11.6 Billion
Bloomberg
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Amazon has agreed to buy satellite operator Globalstar in a deal worth roughly $11.6 billion, marking its largest acquisition since the 2017 purchase of Whole Foods.
The deal could help Amazon compete more closely with its fast-growing rival Starlink.
Bloomberg's Michelle Davis reports. (Source: Bloomberg)
Amazon Acquires Globalstar for $11.6B
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Amazon agrees $11.6bn takeover of satellite group Globalstar
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