Comment / Analysis: ORBCOMM buyout – short odds on a bidding war?

The track and trace of a satellite firm (and why it matters to logistics)?

’Detour risk’

Well, first off, the de-listing of Internet-of-Things firm ORBCOMM via a buyout may take a detour.

It received a $1.1bn bid, including net debt, on 7 April – the deal was disclosed the following day – from private equity house GI Partners. But so far that’s where the good news for its shareholders may end if the deal falls through.

Rather

Those in the bull camp are entitled to ...