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.
根據協議條款，Satcom Direct將在交易完成時收到37500萬美元現金和500萬股Gogo股票，以及最多22500萬美元的額外支付，這些支付與在接下來的四年內實現的特定績效門檻相關。
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.
預計Satcom Direct在2024年將以合併調整後基礎上的約48500萬美元營業收入和大約17%的EBITDA利潤率。
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.
預計這項交易將立即增加每股收益和自由現金流，並且預計在交易結束後的兩年內實現2500-3000萬美元年度成本協同效應。
