Intelsat Buying PanAmSat for $3.2B

August 28, 2005

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Communications satellite operator Intelsat Ltd. has agreed to buy rival PanAmSat Holding Corp. for $3.2 billion, creating the largest commercial satellite fleet, the companies said on Monday.

*For more on this story,

read the full Reuters article.

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Intelsat Buying PanAmSat for $3.2B

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