 SlashGear | LightSquared sacrifices director to save LTE scheme SlashGear Beleaguered would-be 4G carrier LightSquared could eke out an extension on its financing, if outspoken director Philip Falcone agrees to step down and concede to anti-bankruptcy provisions. LightSquared faces the expiration of a debt-terms violations ... LightSquared's Falcone to step down in face of company debt Falcone Agrees To Step Aside WSJ: Philip Falcone Agrees to Step Aside from Lightsquared |
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