LONDON — Viasat has moved a significant step forward in its bid to acquire Inmarsat following the British government’s announcement that it has approved the acquisition of the mobile satellite communications company.
Jacob Rees-Mogg, the business and industrial strategy secretary recently appointed to the post by new Prime Minister Liz Truss, cleared the proposed $7.3 billion merger saying the deal did not pose a threat to British national security.
The U.S. communications giant launched…