LiqhtSquared Moves Toward Bankruptcy

online.wsj.com — Hedge-fund manger Philip Falcone's LightSquared Inc. venture is preparing for a potential bankruptcy-protection filing, as negotiations with lenders to avoid a potential default faltered, according to people familiar with the matter. The two sides still have until 5 p.m.
RT @WSJ: Breaking: Falcone's LightSquared venture is preparing to file for bankruptcy as talks with lenders falter. t.co/lREiH12I
RT @WSJ Breaking: Falcone's LightSquared venture is preparing to file for bankruptcy as talks with lenders falter. t.co/G6EXp6UW
What a bust! RT @WSJBreakingNews Falcone's LightSquared is preparing to file for bankruptcy, talks with lenders falter. t.co/Xcn0T0f1
RT @WSJbreakingnews: Falcone's LightSquared venture is preparing to file for bankruptcy as talks with lenders falter. t.co/pZ83sgrs