Thursday, 1 June 2017

Bondholders Scuttle Merger Plan for Satellite Firms OneWeb and Intelsat


A complicated tie-up that SoftBank has been trying to orchestrate between U.S. satellite startup OneWeb and debt-laden satellite operator Intelsat has collapsed after Intelsat bondholders failed to back the deal.
http://on.wsj.com/2rthuu3

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