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Intelsat Acquisition Approved By FCC

By | December 27, 2007

      [12-27-07 – Satellite Today] Serafina Holdings Ltd.’s acquisition of Intelsat Holdings Ltd. has been approved by the U.S. Federal Communications Commission (FCC), the FCC announced in a release Dec. 19.
          Serefina will acquire Intelsat for $16.4 billion, including $11.4 billion in Intelsat debt. The deal was announced in June and has already been approved by competition authorities in the European Union.
          The FCC released a statement that concluded that the deal would have no impact on competition.

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