Quanta Services is contributing to a PIPE deal for the IAC-backed internet service provider’s reverse takeover valuing the combined business at $1.66bn.

Starry, a US-based internet access provider backed by media and internet conglomerate IAC, has agreed a reverse merger with special purpose acquisition company FirstMark Horizon Acquisition Corp. Founded in 2014, Starry has built a high-frequency radio antenna system dubbed Starry Trident which is installed on the rooftops of radio towers and skyscrapers to deliver internet…

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