Tuesday, 17 March 2015

New LightSquared bankruptcy exit plan has Ergen's support - Reuters









New LightSquared bankruptcy exit plan has Ergen's support

Reuters

March 17 (Reuters) - Cerberus Capital Management and Solus Alternative Asset Management on Tuesday proposed a new plan to restructure bankrupt wireless venture LightSquared, with the support of Charles Ergen, LightSquared's largest lender.









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