M&A · Tech · Communications Services, NEC
Amazon.com Inc to acquire Globalstar, Inc.
Announced Apr 14, 2026 · Pending Aug 18, 2026
Deal value$11.00BEV $11.04B
Premium97.2%To unaffected price
EV / Adj. EBITDA—40.4x EV / Revenue
ConsiderationCash and stock$90.00 per share
Transaction
- Acquirer
- Amazon.com Inc (AMZN)
- Target
- Globalstar, Inc. (GSAT)
- Buyer type
- Strategic
- Offer price per share
- $90.00
- Enterprise value
- $11.04B
- Status
- Pending Aug 18, 2026
Deal protections
- Break fee (target pays)
- $420M · 3.8%
- Reverse fee (buyer pays)
- $592M · 5.4%
- Go-shop
- No-shop
- Financing
- No financing condition
Advisors
- To the acquirer
- Not disclosed
- To the target
- Evercore
- Evercore fee
- $4.5M
Sector context · Tech
- Comparable deals
- 69 in the prior 24 months
- Premium
- 97.2% vs. 39.0% sector median
- EV / Adj. EBITDA
- Sector median 16.7x
- Break fee
- 3.8% vs. 3.0% sector median
Timeline
- AnnouncedApr 14, 2026
- Proxy filedAug 18, 2026
- Definitive proxyAug 18, 2026
- Shareholder votePending
- ClosedPending
Valuation · fairness opinions
Precedent transactions$24.75$45.48
Premiums paid$56.08$60.23
Offer $90.00
Implied value per Globalstar, Inc. share by analysis, from Evercore · DCF discount rate 11%–13%.