Falcone rejects a LightSquared bankruptcy but problems loom - Reuter...

02/15/12

Falcone rejects a LightSquared bankruptcy but problems loom
Reuters
By Sinead Carew and Svea Herbst-Bayliss (Reuters) - Hedge fund manager Philip Falcone is ruling out a bankruptcy filing for his telecom startup LightSquared Inc even as sources familiar with the matter said the company was seeking restructuring advice.

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