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Ligado Networks hires banks to explore options: sources

Ligado Networks hires banks to explore options: sources

Tuesday, March 14, 2017, 8:08 AM

Ligado Networks, the wireless satellite venture formerly known as LightSquared Inc that emerged from bankruptcy in 2015, is working with financial advisers to explore strategic alternatives. The Reston, Virginia-based Company has hired investment banks Goldman Sachs Group Inc (GS.N) and PJT Partners Inc PJT.T for its review, which will consider a potential sale or new investment among several options.
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