Global Eagle Acquisition Corp. (GEAC) completed the acquisition of Row 44, Inc. and an 86% stake in Advance Inflight Alliance AG (AIA) from PAR Capital Management, forming Global Eagle Entertainment Inc. The transaction involved issuing shares of GEAC common and non-voting stock. The deal was approved by 94% of shareholders, with a special meeting held on January 31, 2013. The combined entity's adjusted EBITDA is expected to grow to $75 million. Row 44 provides satellite-based broadband services to airlines, while AIA offers in-flight entertainment content services.
documents/EFTA01369731.pdf
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