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To: oakmount who wrote (37403)3/17/2000 1:41:00 AM
From: Katie Kommando  Read Replies (1) | Respond to of 150070
 
News out on TSATA. Ever heard of a BB company with $300 million worth of Sprint stock? :-)

biz.yahoo.com

TSATA getting $300M in Sprint stock. That is right $300 million!!

Here is excerpt:

Liberty Media and TSAT also formed a joint venture named Liberty Satellite, LLC to hold and manage interests in entities engaged globally in the distribution of internet data and other content via satellite and related businesses. Liberty Media contributed interests in XM Satellite Radio Holdings, Inc. (Nasdaq: XMSR - news), iSKY, Inc., Astrolink International LLC and Sky Latin America satellite businesses in exchange for a 89.41% interest in the joint venture. TSAT contributed its interest in JATO Communications Corp. and General Motors Class H Common Stock (NYSE: GMH - news) in exchange for a 10.59% interest in the joint venture. TSAT will manage the affairs of Liberty Satellite, LLC

Katie K.