Amazon Buys Globalstar to Challenge Starlink – Merger Arbitrage Mondays
Globalstar, Inc. (GSAT): $80.02 Market Cap: $10.29 B Deal Value: $11.68 B Amazon.com, Inc. (AMZN) entered a merger agreement on April 14, 2026, to acquire satellite operator…
Written byAsif SuriaSource: InsideArbitrage
Globalstar, Inc. (GSAT): $80.02 Market Cap: $10.29 B Deal Value: $11.68 B Amazon.com, Inc. (AMZN) entered a merger agreement on April 14, 2026, to acquire satellite operator Globalstar in a deal valued at $11.68 billion. We previously wrote about Globalstar in a March 2025 Insider Weekends article and added it to our model portfolio. We exited