Orbcomm misses payment; hires Donaldson, Lufkin&Jenrette to help

Orbcomm Global L.P. missed a scheduled interest payment on its outstanding senior debt, as expected, and said it was hiring Wall Street investment house Donaldson, Lufkin&Jenrette (DLJ) to help find ways to recapitalize the debt. The Orbital Sciences Corp. offshoot said DLJ would assist in...

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