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MDA Space to buy Israeli satellite communication chip company SatixFy

MDA Space to buy Israeli satellite communication chip company SatixFy

BRAMPTON, Ont. — MDA Space Ltd. has signed a deal to buy Israeli company SatixFy Communications Ltd., a maker of chips for satellite communication systems. Under the deal, MDA Space will pay US$2.10 per share in cash and plans to retire SatixFy's existing debt of about US$76 million immediately upon closing, for a total cash […]

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