Exclusive: SoftBank to let OneWeb-Intelsat merger collapse - sources

(Reuters) - Japan's SoftBank Group Corp will let the $14 billion merger between its satellite startup OneWeb and peer Intelsat SA fall through, after failing to get enough of Intelsat creditors to back it, people familiar with the matter said on Wednesday.

from Reuters: Technology News http://ift.tt/2rdgDNr