France's Eutelsat and UK satellite internet company OneWeb agree to merge in an all-stock deal valuing OneWeb at $3.4B, in a bid to compete with SpaceX (Bloomberg)

Bloomberg:
France's Eutelsat and UK satellite internet company OneWeb agree to merge in an all-stock deal valuing OneWeb at $3.4B, in a bid to compete with SpaceX  —  Eutelsat Communications SA and OneWeb Ltd. are set to combine in an all-share deal valuing the UK satellite operator at $3.4 billion …