AcquisitionApr 14, 2026Pending
🇺🇸 United States

Globalstar, Inc.Amazon.com, Inc.

Media & Telecom › Telecom Services

Equity value$11BEquity value
AnnouncedApr 14, 2026
ConsiderationCash and stock
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentYes

Overview

Amazon agreed to acquire Globalstar in a merger in which stockholders elect $90.00 in cash or 0.3210 Amazon shares per share, subject to proration and adjustment. The implied equity value is about $11 billion.

Deal rationale

Combining Globalstar's global spectrum portfolio with Amazon Leo's capabilities is intended to accelerate direct-to-device satellite connectivity.

AI-generated from the SEC filing
PendingMedia & Telecom › Telecom ServicesUnited StatesNorth America

Timeline

  1. AnnouncedApr 14, 2026

    Imported from prototype record 227, unverified

    Filing

Valuation and terms

Equity value$11BHeadline figure
Enterprise valueUndisclosed
ConsiderationCash and stock

Advisors

Buy-side
None listed
Sell-side
EEvercore

Parties

Target
Globalstar, Inc.
Headquarters
United States
Ticker
GSAT
EDGAR company page
Acquirer
Amazon.com, Inc.
Headquarters
United States
Ticker
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