Carter Ledyard Client, Gilat Satellite Networks Ltd., Enters Into An Agreement To Acquire Stellar Blu Solutions LLC, A Leader In In-Flight Connectivity (IFC) Technology
Carter Ledyard & Milburn is a New York-based law firm with a strong focus on litigation, corporate transactions, real estate, and trusts and estates. We have a ratio of partners to associates of about one to one, and provide personal, partner-level attention to all clients and matters, large and small. This forms part of our Partners for Your Business® commitment, together with the focus we place on providing counseling to help advance the business interests of our clients.
Carter Ledyard’s long-time client, Gilat Satellite Networks Ltd., announced its agreement to acquire Stellar Blu Solutions LLC, in a significant move in the satellite communications industry.
United States
Carter Ledyard’s long-time client, Gilat Satellite
Networks Ltd., announced its agreement to acquire Stellar Blu
Solutions LLC, in a significant move in the satellite
communications industry. Gilat, a publicly traded Israel-based tech
company, agreed to pay $98 million at closing, and up to an
additional $147 million post-closing Stellar Blu. The acquisition
will position Gilat as a leader in in-flight connectivity (IFC)
market . Stellar Blu Solutions is a US-based leading avionics
solution provider of next-generation SATCOM terminal solutions
whose electronically steered antenna (ESA) terminals provide full
LEO and GEO multi-orbit support.
Carter Ledyard, which acted as U.S. counsel to Gilat, was led by
a team composed of partners Steven J. Glusband, (Corporate),
Melinda Fellner (Tax) and Jonathan Trafimow (Employment.)
Contributor
Carter Ledyard & Milburn is a New York-based law firm with a strong focus on litigation, corporate transactions, real estate, and trusts and estates. We have a ratio of partners to associates of about one to one, and provide personal, partner-level attention to all clients and matters, large and small. This forms part of our Partners for Your Business® commitment, together with the focus we place on providing counseling to help advance the business interests of our clients.
