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LightSquared bankruptcy exit plan puts Ergen in uncertain position

2014-02-16 05:20:31| Wireless - Topix.net

Bankrupt wireless company LightSquared Inc has proposed a new restructuring plan that would remove certain regulatory hurdles to its exit from Chapter 11 while potentially subordinating the bankruptcy claim held by its largest creditor, an entity run by Dish Network Corp Chairman Charles Ergen.

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Category:Telecommunications

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