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LiqhtSquared Lenders Object to Independent Committee's Board Selection

Business News & Financial News

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...

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