Filing: Amazon will acquire Apple's 20% stake in Globalstar as part of its acquisition of the satellite provider and create a subsidiary to conduct the merger (Michael Kan/PCMag)

Michael Kan / PCMag : Filing: Amazon will acquire Apple's 20% stake in Globalstar as part of its acquisition of the satellite provider and create a subsidiary to conduct the merger — Amazon has revealed that it's taking over Apple's 20% stake in Globalstar as part of its $11.6 billion acquisition of the satellite communications provider.

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