By FDI Creative Services on 05/31/2017
Category: Security News

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

(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.

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