Investor Can't Exploit Communication Co.'s $2B FCC Waiver

By Ryan Boysen (October 12, 2017, 7:50 PM EDT) -- Emergency communications specialist ShipCom LLC has the sole right to exploit a waiver from the Federal Communications Commission worth $2 billion that underpins its business, a Delaware Chancery Court found Thursday, ruling ShipCom's 80 percent owner can't monetize the waiver by itself despite its majority status....

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