SoftBank's OneWeb, Intelsat merger in a state of flux

SoftBank's OneWeb, Intelsat merger in a state of flux

REUTERS/Toru Hanai

SoftBank’s bid to merge its satellite technology startup with Intelsat SA teetered on Wednesday, as some Intelsat creditors held up the deal and a few made a last-minute offer to rescue it, people familiar with the matter said.

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