Kaskela Law LLC Announces Investigation of Viasat, Inc. and Encourages Shareholders to Contact the Firm - VSAT

December 05, 2021 8:00 AM EST | Source: Kaskela Law LLC

Philadelphia, Pennsylvania--(Newsfile Corp. - December 5, 2021) - Kaskela Law LLC announces that it is investigating Viasat, Inc. (NASDAQ: VSAT) of behalf of the company's shareholders.

On November 8, 2021, Viasat announced that it had entered into an agreement to acquire Inmarsat in a $7.3 billion transaction. In connection with the proposed acquisition, Viasat has agreed to issue over 46 million shares of stock to Inmarsat's stockholders who are, as a result, expected to own approximately 37.5% of the combined company. Following the announcement of the transaction, shares of Viasat's stock declined over $8.00 per share, or over 12% in value, during intraday trading.

The investigation seeks to determine whether the transaction as structured is fair to Viasat and its shareholders, and whether the company's shareholders are being provided with all material information necessary to evaluate and vote on the proposed transaction.

Viasat shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 - 1740, or by email (skaskela@kaskelalaw.com) or online at https://kaskelalaw.com/cases/viasat-inc/, to receive additional information about this investigation and their legal rights and options.

Kaskela Law LLC exclusively represents investors in state and federal actions throughout the country. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.

CONTACT:
David Seamus Kaskela, Esq.

KASKELA LAW LLC
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 - 1740
www.kaskelalaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106654

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