- Sep 9, 2003
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http://www.washingtonpost.com/wp-dyn/content/article/2005/11/10/AR2005111001994.html?nav=rss_technology
Once the deal is complete, Hughes Network Systems will become a wholly owned subsidiary of SkyTerra Communications Inc., which is controlled by Apollo Management LP. In April, SkyTerra bought half of the Germantown satellite company for $50 million and 300,000 shares of stock.
The company will continue to operate as Hughes Network Systems
Once the deal is complete, Hughes Network Systems will become a wholly owned subsidiary of SkyTerra Communications Inc., which is controlled by Apollo Management LP. In April, SkyTerra bought half of the Germantown satellite company for $50 million and 300,000 shares of stock.
The company will continue to operate as Hughes Network Systems