Thomson Broadcast to Acquire GatesAir from The Gores Group Affiliate
April 23, 2022
Thomson Broadcast has signed a definitive agreement to acquire GatesAir from an affiliate of The Gores Group, with the transaction expected to close in the second half of 2022 subject to regulatory approvals. The combination will pair Thomson's DTV and AM radio transmission expertise with GatesAir's over-the-air broadcast transmission products and services to create a larger, more capable, turnkey broadcast solutions platform; terms were not disclosed.
- Buyers
- Thomson Broadcast
- Targets
- GatesAir
- Sellers
- An affiliate of The Gores Group (The Gores Group)
- Industry
- Telecommunications
- Location
- Ohio, United States
- Transaction Type
- Buyout
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