AGREEMENT AND PLAN OF MERGER by and among GALACTIC HOLDINGS LTD., GALACTIC ACQUISITION COMPANY LTD. and GILAT SATELLITE NETWORKS LTD. Dated as of March 31, 2008Merger Agreement • April 9th, 2008 • Gilat Satellite Networks LTD • Radio & tv broadcasting & communications equipment
Contract Type FiledApril 9th, 2008 Company IndustryAGREEMENT AND PLAN OF MERGER, dated as of March 31, 2008, by and among GALACTIC HOLDINGS LTD., an Israeli company (the “Purchaser”), GALACTIC ACQUISITION COMPANY LTD., an Israeli company and a subsidiary of the Purchaser (the “Merger Sub”), and GILAT SATELLITE NETWORKS LTD., an Israeli company (the “Company”). The Purchaser, the Merger Sub and the Company are each referred to herein as a “Party,” and collectively as the “Parties.”