I would think the the FCC shares no luv for the characters running Fibertower, and while the Bankruptcy court signed off on the reorganization plan, it would not be unreasonable for the FCC to demand 2 items, the first one being that the 692 licenses will only be returned to the debtor estate, and secondly, before the FCC will agree to a transfer of the 692 licenses to the reorganized fibertower the bankruptcy plan would need to be reopened and the the disputed licenses priced properly to correctly compensate those holding either a bond or stock interest in fibertower
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.