October 12, 2010
Harbinger Capital Partners has sold a 14.1 percent stake in mobile satellite operator Inmarsat for about $652 million, the U.S. hedge fund announced. Harbinger sold 65 million shares in the transaction and still holds another 14 percent of Inmarsat, which will be subject to a 180-day lock-up arrangement with Credit Suisse and UBS. ...
Government/Military