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UPDATE 2-Inmarsat takeover clears final hurdle after hedge funds drop challenge

A private equity consortium's $3.4 billion takeover of British satellite company Inmarsat was approved at a court hearing on Tuesday after hedge fund investors dropped a plan to challenge the value of the deal. [Source]

Publication Date:

Origin: reuters.com

Category: companyNews

Topics: challenge, hedge, takeover, private, equity

Source Link: http://feeds.reuters.com/~r/reuters/companyNews/~3/TXdCHNu6JeM/update-2-inmarsat-takeover-clears-final-hurdle-after-hedge-funds-drop-challenge-idUSL8N28D19D

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