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PE Firm Pushing for Inmarsat/Skyterra Combo

Harbinger Capital today offered satellite service provider MSV/Skyterra $500 million to pay for the company’s launch of its two new satellites. The private equity firm also made clear it’s planning to push for a deal to acquire British satellite company Inmarsat. The acquisition attempt isn’t welcomed by Inmarsat, but Harbinger owns 28.8 percent of its [...]

Via GigaOM - 1 month 5 days agoSubscribed by Kevom

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