Primestar/TCI Satellite (TSATA) Message Board

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Technology Stocks : Primestar/TCI Satellite (TSATA)

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To: J.S. who wrote (286)	3/6/1999 9:01:00 PM
From: Noel	Read Replies (1) of 442

J.S., sorry I couldn't get back to you sooner. I was out of town. News articles on the asset purchase have discussed that the deal required the consent of 90% of the bondholders consent to make it work. I am unclear if this is a general requirement, or something specific required either by the covenants of the debt or DIRECTV itself (or perhaps the GM board). I am looking into it and will get you an answer as soon as I confirm one. Regards, NOEL

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