Exclusive: SoftBank to let OneWeb-Intelsat merger collapse – sources

SoftBank invests in industrial software firm OSIsoft
May 31, 2017
Credit Card Breach at Kmart Stores. Again.
May 31, 2017
This post was originally published on this site

(Reuters) – Japan’s SoftBank Group Corp will let the $14 billion merger between its satellite startup OneWeb and peer Intelsat SA fall through, after failing to get enough of Intelsat creditors to back it, people familiar with the matter said on Wednesday.