York Space Acquires All.Space for $355 Million in Cash and Stock
York Space Systems (YSS) announced the acquisition of All.Space, a satellite communications terminal manufacturer, for $355 million in cash and stock. The deal caused a 13.4% spike in York's share price and has been partially sustained. The acquisition aims to enhance York's capabilities in satellite communications.
Tickers: $YSS
Topics: M&A satellite communications space industry stock price movement