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Wednesday, May 21, 2008
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Motorola Dodges $4B Iridium Bullet

The long, sad tale of Motorola's venture into satellite telephony may have finally ended, with a bankruptcy court judge approving a settlement that will see unsecured creditors - who had been demanding $4 billion from Motorola - instead get just a penny on the dollar. The Iridium bankruptcy has taken nine...
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