Reginal Thomas
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Wasserstein Takes Globecomm Private For $340 million.


In a deal worth $340 million, investment firm Wasserstein & Co. will be taking satellite communications provider Globecomm Systems Inc. private. Wassertein got a 1.73 percent discount on Globecomm's closing price on Friday, at $14.15 per share. Globecomm's shares were down 3% on Monday morning, but shares have risen 24 percent since January when the company announced it was looking for strategic alternatives.