Gogo Stock: Interest Payments Are Eating Up The Earnings Growth (NASDAQ:GOGO)

Group 1 - Gogo Inc. completed the acquisition of Satcom Direct for a total value of $415 million, which includes $375 million in cash and $40 million in Gogo stock [1] - The acquisition was finalized in the fourth quarter of the previous year [1] Group 2 - The acquisition is part of Gogo's strategy to enhance its service offerings in the aviation connectivity market [1] - This move is expected to strengthen Gogo's position in the industry and expand its customer base [1]