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This Quarter's Sentiment:
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SocialPicks Community
Takeover at 11.40
GILT
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-26.81%
in
38 days
(closed on 08/29/08)
on 9/28 they will be taken over at 11.40/share
as a merger investor i seek stocks which in the short term will offer, via a merger a comfortable premium. this is one such stock.
See my comments on CKXE (up 7% today already) which is being bought out at 12 dollars a share and is still under 7 dollars
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Gilat Satellite Networks Ltd.
GILT
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-57.76%
in
490 days
Gilat Satellite Networks, Ltd., together with its subsidiaries, provides Internet Protocol (IP) based digital satellite communication and networking products and services worldwide. It engages in the design, production, and marketing of very small aperture terminals (VSATs) and related VSAT network equipment. The company offers VSAT-based networks and associated professional services, including turnkey and management services to telecom operators. Its VSAT products and solutions include SkyEdge IP + SkyEdge II IP, an IP router VSAT; SkyEdge PRO, a multi-service VSAT; SkyEdge Call, a telepho...
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From the Blogosphere
Gilat Satellite Reportedly In Talks To Buy Airspan
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Gilat Satellite Networks (GILT) is in preliminary talks to acquire WiMax equipment maker Airspan (AIRN.PK), according to the Israeli business newspaper Globes. The story said the talks are at a very early stage. Pink-sheet listed Airspan, which has a market cap of just $5 million, competes with Alvarion (ALVR).
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Earnings highlights: Dell, Sears, Tiffany, Talbots, Smithfield, TiVo, Rio Tinto and others
Gilat Satellite: Deal To Sell Out Officially Dead
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Gilat Satellite Networks (GILT) this morning said it has terminated an agreement to sell the company to a consortium or private equity buyers for $11.40 a share. That should not be a big surprise; Gilat had previously said that the consortium had refused to close the deal on previously agreed to terms. The buyout group included Gores Group, Mivtach Shamir Holdings Ltd., companies affiliated with Roy Ben-Yami, Ami Lustig and Eytan Stibbe and DGB Investments, a company affiliated with Doug Bergeron. <>Gilat says the original agreement calls for the proposed buyers to pay a termination fee of $47....
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Analyst calls: CRM, COT, EOG, MRVL, MNST, COMV, V
Closing Bell: Stocks tank on a supposed quiet day; AIG sinks, FRE jumps
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About Gilat Satellite Networks Ltd
- Answers.com
Trading today was an obvious broad-based sell off in the equity markets. But looking for a main theme or a major culprit was not so easy as we are in the quietest non-Christmas week of the year. Existing home sales did post a modest rise, but the prices paid were worse and dropping still. 
