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Inmarsat rejects Oaktree's call to delay takeover court hearing

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LONDON (Reuters) - Inmarsat , the British satellite firm being acquired by a private equity-led consortium, has rejected a call by investor Oaktree Capital to delay the takeover court hearing until there is clarity on the status of its U.S. spectrum holdings.Oaktree Capital, which owns a 2.85% stake in Inmarsat, called on the board to delay the Nov. 12 meeting because it said U.S. regulator FCC..
Date Published: Nov 05, 2019
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