Amazon
Amazon’s $11.6 Billion Globalstar Acquisition: The Rise of 'Amazon Leo' and the New Satellite Monopoly
In a move that has sent shockwaves through the telecommunications and aerospace sectors, Amazon.com, Inc. (NASDAQ:AMZN) officially announced on April 14, 2026, its definitive agreement to acquire satellite communications pioneer Globalstar, Inc. (NYSE American:GSAT) for approximately $11.6 billion. The deal, valued at $90 per share, represents