SATS will go ahead to buy Worldwide Flight Services – a global cargo handling business with presence across 18 countries in five continents. This post was originally posted here. The writer, Willie Keng is a veteran community member and blogger on InvestingNote, with a username known as @Willie and has close to 130 followers. At first glance, I thought this acquisition made much sense — SATS/WFS deal would push the combined companies to become a global cargo handling player. In fact, SATS would eventually diversify revenues across Asia, Europe, the Middle East and Africa, and North America. Source: SATS/WFS Prospectus 3 Jan 2023 Yet SATS shares have fallen more than 30%. And even after the deal was approved last week, shares were still stuck in the bargain bin. If the SATS/WFS deal had so much growth potential, why is the market still undervaluing its SATS shares? And more importantly, will SATS still pay a dividend ever again?...