Space & Defense
Rocket Lab Agrees to Buy Iridium for $27.00 Cash Plus Stock — With a Collar That Fixes the Deal's Math
A definitive merger agreement pairs a launch-and-space-systems company with a global LEO satellite-comms operator. The 8-Ks disclose $27.00 in cash plus a collared Rocket Lab stock leg, a $223.62 million break fee, and a June 2027 outside date.