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Re: yesmistermorningstar post# 11645

Friday, 10/05/2012 8:31:38 PM

Friday, October 05, 2012 8:31:38 PM

Post# of 14551
The FCC originally sold the bandwidth for $100 million, then Terrestar bought it a few years later for $245 million. They obviously overpaid, due to bad management and the difficulties and eventual bankruptcy it caused. That $177 million figure is being bounced around, apparently.

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