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General discussion => Satellite industry news => Topic started by: NewsHound on December 27, 2024, 03:50 PM
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Slam Corp extends Lynk Global merger deadline as cash reserves dwindle
Slam Corp, the shell company founded by former MLB player Alex Rodriguez, extended its merger deadline with Lynk Global but must refund $81 million to investors who redeemed shares instead of seeking a stake in the direct-to-smartphone satellite operator.
The post Slam Corp extends Lynk Global merger deadline as cash reserves dwindle appeared first on SpaceNews.
Source: Slam Corp extends Lynk Global merger deadline as cash reserves dwindle (https://spacenews.com/slam-extends-lynk-global-merger-deadline-as-cash-reserves-dwindle/)