AOL Time Warner this week sold its 8.4 percent stake in Hughes Electronics for around $800 million. AOL sold the stake in Hughes–parent of DirecTV, Hughes Network Systems, and PanAmSat [SPOT]–in a block trade to Bank of America, which is expected to resell the shares on the open market, according to the Wall Street Journal. The media giant needs to shed $26 billion in debt, and has been looking at asset sales, including its book publishing division and other non-core assets.
AOL Time Warner Sells Hughes Stake
Viasat MDD Software is Available on New Samsung Galaxy S20 TE Solution
Viasat revealed on Monday that its Mobile Dynamic Defense (MDD) cybersecurity software is available for the new Samsung Galaxy S20 Tactical Edition (TE) solution. Viasat’s MDD solution provides cyber protection, […]
