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Xace

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Xace

Re: Xace post# 1761

Saturday, 07/02/2011 11:37:03 PM

Saturday, July 02, 2011 11:37:03 PM

Post# of 14551
At the start of today’s court hearing, Marathon Asset Management LP attorney Philip Anker said the hedge fund was prepared to replace EchoStar as TerreStar’s bankruptcy lender with its own $75 million loan.

Back-up funding for continued operations.

http://www.bloomberg.com/news/2010-11-16/echostar-s-75-million-bankruptcy-loan-to-terrestar-wins-judge-s-approval.html

My posts are IMO only! Do not take any of my posts seriously.

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