Eutelsat rejects purchase offer from Patrick Drahi
Eutelsat, a provider of satellite services in North America, South America, Europe, Asia and Africa, rejected the takeover bid from Patrick Drahi, founder of Altice Europe. As revealed by the company, the “unsolicited” proposal of USD 14.02 per share was rejected for “unfavorable conditions” and for being “too low“. It was also explained that the [...]