{"id":12101,"date":"2009-09-24T06:34:17","date_gmt":"2009-09-24T10:34:17","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=12101"},"modified":"2009-09-24T06:34:17","modified_gmt":"2009-09-24T10:34:17","slug":"harbinger-to-acquire-skyterra-take-it-private","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2009\/harbinger-to-acquire-skyterra-take-it-private.html","title":{"rendered":"Harbinger to Acquire SkyTerra, Take It Private"},"content":{"rendered":"<p>The Washingtom Post &#8211; Reston-based satellite firm SkyTerra said Wednesday that it has agreed to be acquired by its biggest shareholder in a roughly $280 million transaction that will return the company to private ownership.<\/p>\n<p>Under the deal, New York-based investment firm Harbinger Capital Partners will pay $5 per common share of SkyTerra &#8212; a 56 percent premium over the stock&#8217;s average price in the month before the announcement. SkyTerra shares gained more than 38 percent on Wednesday, closing at $4.71.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2009\/09\/23\/AR2009092303936.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Washingtom Post &#8211; Reston-based satellite firm SkyTerra said Wednesday that it has agreed to be acquired by its biggest shareholder in a roughly $280 million transaction that will return the company to private ownership. Under the deal, New York-based [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[402,2738,1099],"class_list":["post-12101","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-investment-firm","tag-private-ownership","tag-shareholder"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=12101"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12101\/revisions"}],"predecessor-version":[{"id":12102,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12101\/revisions\/12102"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=12101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=12101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=12101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}