Amazon, Globalstar US antitrust waiting period expired July 17
According to a securities filing summarized by MLex, the Hart-Scott-Rodino waiting period for Amazon’s proposed acquisition of Globalstar expired on July 17 after the parties withdrew and refiled US premerger notifications. The deal remains under review at the US Federal Communications Commission and is expected to close in 2027.
How this was made
The 30-second read
Why it matters
HSR expiry reduces antitrust timing risk, but the transaction remains under FCC review with an expected 2027 close, so traders should monitor FCC developments for the next decisive catalyst.
Market read
A concrete antitrust procedural milestone is cleared, but the deal’s completion still hinges on FCC review.
What to watch
No information is provided on FCC posture, potential conditions, or whether the parties adjusted deal terms after refiling, which are the variables most likely to drive deal-close probability.
Background
The Hart-Scott-Rodino Act waiting period was restarted after the parties withdrew and refiled their US premerger notifications in June.
Ticker impact
Amazon’s HSR waiting period for its proposed acquisition of Globalstar expired July 17, per a securities filing, keeping the FCC review on track.
Near-term impact likely limited unless traders view HSR expiry as reducing deal-close risk; any move would be incremental versus the larger FCC timeline.
The article discloses a specific regulatory milestone (HSR waiting period expiry) but provides no new FCC decision, remedies, or revised deal terms.
Market effects
Signals incremental progress in telecom/space-related M&A regulatory timelines, potentially affecting perceived deal risk for similar transactions.
Primarily US regulatory process, with potential spillover to US telecom and satellite services sentiment.
Limited global read-through unless FCC outcomes or remedies become international in scope.
Counterpoint
HSR expiry may be largely mechanical and already priced, so the market may focus on the still-pending FCC review rather than the antitrust procedural step.
Key entities
- companyAmazon
Proposed acquirer of Globalstar; HSR waiting period expired July 17.
- companyGlobalstar
Proposed target; its HSR waiting period also expired July 17.
- regulatorFederal Communications Commission (FCC)
Ongoing review authority for the transaction, with expected close in 2027.
