Hedge Fund News From HedgeCo.Net

Hedge fund mogul David Tepper takes a stake in Intelsat and urges a new FCC deal

(CNBC) David Tepper’s hedge fund, Appaloosa, took a minority stake in satellite company Intelsat this week and sent a letter to its board, urging the company to renegotiate terms of its 5G deal with the Federal Communications Commission.

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