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RigNet (NASDAQ:RNET) inks agreement with Viasat, Pursuant to which, Viasat (NASDAQ:VSAT) will acquire RigNet in an all-stock transaction representing an EV of 222M, including RigNet's net debt as of Sept. 30, 2020. RigNet's board of directors and largest stockholder support transaction. RigNet stockholders to receive 0.1845 shares of Viasat stock per RigNet share, a 17.9% premium over both companies' 20-day volume-weighted average prices Transaction expected to close by mid-calendar year 2021.
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