LiqhtSquared Lenders Object to Independent Committee's Board Selection
Lenders to LightSquared Inc. on Monday questioned the selection of an independent director to help oversee a sale of the wireless telecom company. The lenders in bankruptcy court papers claim the director, Donna Alderman, isn't independent because she previously sparred with Dish Network Corp., DISH -0.91%which is offering $2.22 billion for LightSquared...
Login to comment.