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GlobalStar (GSAT) Terminates Merger with GBS Acquisitions

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GlobalStar (GSAT) Merger Will Likely be Radically Restructured or Terminated - Cowen

July 31, 2018 8:55 AM EDT

GlobalStar (NYSE: GSAT) credit analyst Lance Vitanza noted yesterday was a big day for minority shareholders, as the Court returned an Opinion & Order that we view as entirely in the Plaintiffs favor.

They believe the value-destroying "merger" will likely be radically restructured or... More