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SES Announces Successful Completion of Merger of RR Media with SES Platform Services

Thursday, July 07, 2016   (0 Comments)
Posted by: SES
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LUXEMBOURG, 6 July 2016 -- SES S.A. (Euronext Paris and Luxembourg Stock Exchange: SESG) announced today the successful completion of the merger of RR Media (NASDAQ: RRM), a leading provider of global digital media services, with its wholly-owned subsidiary, SES Platform Services. SES has acquired RR Media for USD 13.291 per share, leading to an enterprise value of USD 242.2 million.  The transaction was completed following satisfaction of the closing conditions and receipt of the necessary regulatory approvals.

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