LightSquared Allowed to Hire Jefferies to Seek Exit Loan

Bloomberg | Thu, 06 Jun 2013 10:17:16 -0700

LightSquared Inc., the wireless broadband company said to have received an offer from Dish Network Corp. (DISH) Chairman Charlie Ergen, won permission to hire Jefferies Group LLC to line up financing to exit bankruptcy. U.S. Bankruptcy Judge Shelley ...

LightSquared Gets Ergen Bid

Wall Street Journal | Mon, 20 May 2013 13:56:56 -0700

Satellite mogul Charlie Ergen bid $2 billion for certain spectrum from LightSquared Inc., the wireless venture spearheaded by financier Philip Falcone that is currently navigating bankruptcy proceedings, said people familiar with the offer. [image ...

Dish Network seeks to buy LightSquared spectrum

Broadcast Engineering | Fri, 24 May 2013 09:52:25 -0700

Charlie Ergen, chairman of satellite-TV provider Dish Network Corp. has made a $2 billion bid for the spectrum owned by LightSquared Inc., the bankrupt wireless-broadband company owned by Philip Falcone's hedge-fund firm. Ergen, 60, has offered to buy ...

Jefferies cleared to arrange financing for bankrupt LightSquared

Thomson Reuters News & Insight | Fri, 07 Jun 2013 03:09:48 -0700

NEW YORK (Reuters) - A bankruptcy judge on Thursday said LightSquared Inc can hire investment bank Jefferies LLC to arrange credit facilities that will pave the way for it to exit Chapter 11. Judge Shelley Chapman approved the retention of Jefferies at ...

Thomson Reuters News & Insight