Gogo Agrees To Acquire Satcom Direct For $375M In Cash, And 5M Shares Of Gogo Stock At Closing; Agreement Also Provides For Potential Additional Consideration
Gogo Agrees To Acquire Satcom Direct For $375M In Cash, And 5M Shares Of Gogo Stock At Closing; Agreement Also Provides For Potential Additional Consideration
Under the terms of the agreement, Satcom Direct will receive $375 million in cash and five million shares of Gogo stock at closing, and up to an additional $225 million in payments tied to realizing certain performance thresholds over the next four years.
根据协议条款,Satcom Direct将在交易完成时收到37500万美元现金和500万股Gogo股票,以及最多22500万美元的额外支付,这些支付与在接下来的四年内实现的特定绩效门槛相关。
In 2024, Satcom Direct is expected to generate approximately $485 million in revenue with EBITDA margins of approximately 17% on a pro forma adjusted basis.
预计Satcom Direct在2024年将以合并调整后基础上的约48500万美元营业收入和大约17%的EBITDA利润率。
The transaction is expected to be immediately accretive to earnings and free cash flow per share and is expected to generate $25-30 million in annual run-rate cost synergies in the two years following closing.
预计这项交易将立即增加每股收益和自由现金流,并且预计在交易结束后的两年内实现2500-3000万美元年度成本协同效应。