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Cobham Acquires Larger Interest In Danish SatCom Firm

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Britain’s Cobham recently said that it has acquired a nearly 26 percent stake in the Danish satellite communications company Thrane & Thrane A/S just weeks after it announced that it had withdrawn a proposal to acquire Thrane & Thrane. Cobham withdrew its earlier offer to acquire the Danish firm after Thrane & Thrane’s board said it would not recommend the offer. Cobham said it made the recent investment in the SatCom firm after some of its institutional investors indicated they…

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