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Tue, Jun. 17, 9:53 AM
- Boeing (BA -0.1%) and Global Eagle Entertainment (ENT +10.9%) signed a new technical services agreement to assess the latter's satellite-based connectivity solution for airlines worldwide.
- Global Eagle currently connects over 550 planes over four continents with its Ku-band satellite-connected system.
- Since the system can be pre-installed on new Boeing 737s and 787s, the agreement can have a profound impact on future sales.
- The evaluation is expected to be completed next year.
Fri, May. 9, 8:56 AM| Comment!
Dec. 26, 2013, 4:38 PM
- Global Eagle Entertainment (ENT -0.6%) sells 13.34M shares (including a 1.74M share overallotment) at $14.25/share (a 5.1% discount to today's open). The sale of the overallotment shares closed today, with the initial close on Dec. 20.
- Global Eagle will net $183.3M from the follow-on.
- Shares have soared 90% from Sept. lows, possibly alongside the buoyant sentiment of peer Gogo, whose primary P-E investor distributed shares last week.
Dec. 17, 2013, 9:11 AM
Nov. 12, 2013, 8:58 AM
Aug. 8, 2013, 6:26 AM
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