Rocket Lab to Acquire Iridium Communications in an $8 Billion Deal
Rocket Lab Corporation (RKLB) entered a merger agreement on June 29, 2026, to acquire Iridium Communications Inc. (IRDM) in a deal valued at $8 billion. Deal Structure: Iridium…
Written byAsif SuriaSource: InsideArbitrage
Rocket Lab Corporation (RKLB) entered a merger agreement on June 29, 2026, to acquire Iridium Communications Inc. (IRDM) in a deal valued at $8 billion. Deal Structure: Iridium stockholders will receive $27 in cash and a number of shares of Rocket Lab common stock calculated pursuant to an exchange ratio (subject to a collar) for