Complex buyout by Nasdaq listed Global Eagle Acquisition Corporation of two inflight entertainment companies, was proceeded by a minority stake buy by one company in the other in June.

Global Eagle Acquisition Corporation, a Nasdaq-listed Special Purpose Acquisition Company, has bought majority stakes in Germany-based inflight entertainment company Advanced Inflight Alliance and Row 44, a US-based satellite for flight videos company, after Advanced Inflight bought a minority stake in Row 44 in June.

The combined deal, revealed on November 8, is valued at $430m.

 Global Eagle bought an 86% stake in Advanced Inflight, and acquired shares from private equity firm PAR Investment Partners for $112.5m.

Advanced Inflight Alliance AG…