SpaceX is set to acquire mobile spectrum licenses from Grain Management in an all-cash deal valued at about $8 billion, according to a report cited by ChainCatcher from The Wall Street Journal. The brief item identifies the transaction target as mobile spectrum licenses held by Grain Management and states that the consideration will be paid in cash. No additional terms, timing details, or regulatory information were disclosed in the source brief. The report was published by ChainCatcher as a 7x24 news flash and attributes the information to The Wall Street Journal.
SpaceX will acquire mobile spectrum licenses from Grain Management for about $8 billion in cash, according to The Wall Street Journal, as cited by ChainCatcher.
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