LightSquared Shouldn't Run Bankruptcy Auction, Lenders Say (1) ...

08/29/13

LightSquared Shouldn't Run Bankruptcy Auction, Lenders Say (1)
Businessweek
Philip Falcone's LightSquared Inc. shouldn't be allowed to run its own bankruptcy auction, a group of lenders said, citing depleted cash, a changing industry and a controlling shareholder who wants to block the sale. The lenders, a trustee or an ...
Lenders want auction to test Charlie Ergen's bid for LightSquaredDenver Post

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