TerreStar Corporation (fka TSTRQ)

[richsean]

VERY IMPORTANT COMMON SENSE!!! LISTEN!

Reason why Dish bid WILL be approved.

***The judge ALREADY APPROVED the Dish Bid to open the Auction***

DJ Judge Approves $1.375B Dish Bid To Open TerreStar Auction


By Joseph Checkler
Of DOW JONES DAILY BANKRUPTCY REVIEW

NEW YORK (Dow Jones)--A judge on Tuesday said TerreStar Networks Inc. could move forward with an auction next week, with Dish Network Corp.'s (DISH) $1.375 billion offer set as the opening bid.
Judge Sean Lane of U.S. Bankruptcy Court in Manhattan approved the stalking-horse bid along with minor changes to the auction procedures he approved last month.


SOOOO......OBVIOUS OBVIOUS QUESTION

WHY WOULD THE JUDGE APPROVE THE DISH BID TO OPEN THE AUCTION THEN WHEN THERE IS NO COMPETING BIDS NOT APPROVE THE DISH BID?


THAT WOULD MAKE ABSOLUTELY NO SENSE!