Lenders Say LightSquared's Auction Plans May Kill $2.2B Bid

Lenders Say LightSquared's Auction Plans May Kill $2.2B Bid

LightSquared Inc. lenders on Tuesday objected to the bankrupt wireless startup's proposed procedures for its upcoming auction of a subsidiary's assets, arguing the plan by the Philip Falcone-controlled company may doom a $2.2 billion bid from ...read more

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