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Viasat Announces Comprehensive Agreement with Ligado Networks
VSATViaSat(VSAT) Globenewswire·2025-06-13 20:30

Viasat expects to receive 568 million from Ligado in fiscal year 2026CARLSBAD, Calif., June 13, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced that its subsidiary Inmarsat Global Ltd. (“Inmarsat”) has agreed to a binding term sheet with Ligado Networks (“Ligado”) and AST & Science, LLC (“AST”) to settle Inmarsat’s opposition to Ligado’s planned restructuring. Under the conditions set forth in the term sheet, Viasat anticipates receiving 5 ...