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Technology Stocks : Primestar/TCI Satellite (TSATA)
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To: Noel who wrote (285)3/2/1999 12:13:00 PM
From: J.S.  Read Replies (1) of 442
 
Noel,

Fascinating developments. You write "Apparently DISH now owns 10% of
Primestar's bonds, enough to block any transaction they are not in favor of."

Why is 10% enough? Seems like they would certainly have a voice, but
why would they be able to block the deal? Just curious?

Thanks in advance,
Joe
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