Global Eagle Entertainment obtains court approval of sale to Marlink

By Sarah Lizee

Olympia, Wash., March 9 – Global Eagle Entertainment Inc. secured court approval to sell its enterprise/non-governmental organization business to Marlink AS, according to an order filed Tuesdays with the U.S. Bankruptcy Court for the District of Delaware.

In connection with their maritime, enterprise and governmental connectivity business segment, the debtors have historically provided connectivity services to certain enterprise and non-governmental organizations overseas.

The enterprise/non-governmental organization business provides, among other services, connectivity, equipment sales, installation and repairs primarily in remote locations in Africa.

The purchase price is $1.5 million plus an amount attributable to costs associated with employees and contingent workers associated with the business but who do not transfer with the purchased assets, as well as other customary adjustments at closing.

The proceeds will be used for the winding down of the debtors’ estates.

Based in Los Angeles, Global Eagle is a provider of media, content, connectivity and data analytics to markets across air, sea and land. The company filed bankruptcy on July 22, 2020 under Chapter 11 case number 20-11835.

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