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Satellite Megamerger Of Intelsat, OneWeb Scrubbed
June 01, 2017
Intelsat bondholders have stopped a proposed merger with upstart OneWeb, including an outside investment from Japan’s SoftBank Group, Intelsat announced June 1. “There were many stakeholders’ interests that needed to be satisfied in this complex transaction,” Intelsat CEO Stephen Spengler said in a...
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