LightSquared Gets Court OK to Go Forward With Exit Plan
Bloomberg reported that LightSquared received bankruptcy court approval to go forward with a new plan, which would include a $2.5 billion exit loan and at least $1.25 billion in new equity contributions. The plan was supported by Fortress Investment Group, JPMorgan Chase and Melody Capital Advisors.
January 3, 2014
Fortress Investment Group | JPMorgan Chase & Co | LightSquared | Melody Capital Advisors
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