Edoardo Cignoli : LightSquared Offers Restructuring Backers $200 Million Breakup Fee

LightSquared is seeking to pay a $200 million breakup fee to the backers of its restructuring, including Fortress Investment Group, in case the mobile satellite company’s Chapter 11 exit doesn’t pan out as planned.



via WSJ.com: US Business http://ift.tt/1vRVrVK