01:24 PM EDT, 07/31/2025 (MT Newswires) -- Activist firm Carronade Capital Management is issuing an open letter to ViaSat ( VSAT ) shareholders calling for the satellite broadband provider to split off its defense unit, the Financial Times reported Thursday, citing people familiar with the matter.

ViaSat ( VSAT ) did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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