New Skies CEO Speaks After Sale Announcement

By | June 11, 2004 | Uncategorized

New Skies Satellites CEO Dan Goldberg believes the trend of private-equity firms investing in the satellite industry is a positive one. New Skies recently signed a definitive agreement for the sale of the company to affiliates of The Blackstone Group, a private-investment firm, for $956 million in cash. Goldberg told Satellite Today, “These are investors who are very well-informed. They will be very focused owners, and I think that is a good thing. They will bring a high degree of discipline, and a strong commercial focus and approach to the industry.”

An in-depth interview with Dan Goldberg can be found in the June 14 issue of Satellite News. For more information about subscribing to PBI Media’s satellite newsletters, check out our Web site at http://www.satellitetoday.com

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