Gilat Satellite Networks Announces the Signing of an Agreement to Be Acquired for an Aggregate Value of $475 Million in an All-Cash Transaction by an American and Israeli Investment Group
Parties:
>The Gores Group is a private equity firm focused on acquiring controlling interests in mature and growing businesses which can benefit from the firm's operating experience and flexible capital base.(http://www.gores.com)
>Mivtach Shamir Holdings Ltd. is an Israel-based investment company listed on the Tel Aviv Stock Exchange. The Company invests principally in the fields of industry, technology and communications, and real estate.
>Roy Ben-Yami, Ami Lustig and Eytan Stibbe are the shareholders of the LR Group Ltd., and have interests in various fields including telecommunications, real estate, aviation industry and healthcare worldwide.
>DGB Investments Inc., based in San Jose, California, is the wholly-owned investment vehicle of Douglas G. Bergeron.
>Gilat Satellite Networks Ltd. is a leading provider of products and services for satellite-based communications networks. (http://www.gilat.com/)
