Amazon–Globalstar deal secures all required antitrust, foreign-investment approvals
( November 5, 2026, 17:32 GMT | Official Statement) -- MLex Summary: Amazon’s proposed acquisition of Globalstar has received all required antitrust approvals and all foreign-investment approvals under currently applicable laws, Globalstar said in a securities filing. The transaction remains expected to close in 2027, subject to remaining regulatory approvals and satellite milestones. The company has applied to the French government for authorizations to launch and operate its C-3 satellite system. Globalstar also cautioned that foreign-investment laws taking effect before closing could trigger additional approval requirements.Extract. ...
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