Wassertein & Co. has closed a $340 million deal for Globecomm Systems Inc.
Hauppauge, N.Y.-based Globecomm provides satellite communications and other services. The deal was originally announced in August.
The purchase price works out to $14.15 per share. Before the deal closed Globecomm was listed on the Nasdaq exchange under ticker symbol GCOM.
Wasserstein, headquartered in New York, is a private equity firm that focuses on investing in media, consumer products and water equipment businesses.