Thursday, June 1, 2017

UPDATE 1-Intelsat says it expects $14 bln OneWeb merger deal to fail

June 1 (Reuters) - Satellite operator Intelsat SA said it expects its $14 billion merger with peer OneWeb Ltd, which is backed by Japan's SoftBank Group Corp, to fall through as it failed to get enough of its creditors to back the deal.

by reutersCOMPANYNEWS via Endless Supplies .Biz - News

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