[Satellite TODAY 07-30-10] Malaysian billionaire Ananda Krishnan is negotiating with Measat to purchase and secure full control of the satellite operator for $207 million dollars, Measat Global confirmed in a statement released July 28.
    Krishnan, who already controls Measat Global Network Systems as a private company and holds a 59.6 percent stake in Measat Global, plans to buy out the rest of the 40.4 percent Measat shares that he does not own, which would make the operator an entirely private entity. Measat said Krishnan’s offer is 10 percent above the trading price of Measat Global shares as of July 28.
    In March, Krishnan bought pay-TV operator Astro All Asia Networks after the company made a $758 million buyout offer. Krishnan also controls Malaysian mobile operator Maxis, which he purchased for $3.3 billion dollars in 2007.

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