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Transactions

Jan. 23, 2001

Latham & Watkins: HUGHES PLUGS INTO TELOCITY FOR ACCESS TO THE INTERNET

Hughes Electronics Corp. has agreed to buy Telocity Inc. for $180 million in cash. Hughes Electronics of El Segundo is the space and wireless communications unit of General Motors. The company is a communications service operator. Its products include TV satellite broadcaster DIRECTV and satellite network PanAmSat.

        Hughes Electronics Corp. has agreed to buy Telocity Inc. for $180 million in cash.
        Hughes Electronics of El Segundo is the space and wireless communications unit of General Motors. The company is a communications service operator. Its products include TV satellite broadcaster DIRECTV and satellite network PanAmSat.
        Launched i...

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