Rocket Lab acquires Iridium in $8 billion cash-and-stock deal
AI Summary- Rocket Lab completed its acquisition of Iridium Communications in a cash-and-stock transaction.
- The $54-per-share deal values Iridium at $8 billion and includes $27 in cash.
- Iridium shareholders are scheduled to vote on September 24, 2026, before expected mid-2027 closing.