- Bloomberg
SES to Buy Intelsat in $3.1 Billion Bid to Rival Musk’s Starlink
(Bloomberg) -- SES SA has agreed to buy Intelsat SA for $3.1 billion in cash to create a satellite giant that will better compete with billionaire Elon Musk’s Starlink, after reviving talks that fell apart last year. Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterBinance and CZ’s Fortunes Are Set to Grow, Jail or no JailCocoa Plunges Most E
- Bloomberg
SES, Intelsat Revive Deal Talks to Form Satellite Giant
(Bloomberg) -- SES SA and Intelsat SA have revived discussions on a potential merger to create a satellite giant after a previous attempt faltered last year, according to people familiar with the matter. Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterYen Sparks Intervention Suspicion After U-Turn From 1990 LowsWhat 60,000 Headlines Say About the Fed’s Next MoveElliott Built ‘Large’ Stake in Buffett
- Zacks
3 Communication Services Stocks to Buy on Impending Rate Cuts
Twilio (TWLO), SES (SGBAF) and Turtle Beach (HEAR) are three communication services stocks that you can look into as the sector continues to grow on expectations of a Fed rate cut.
