Ergen Said to Bid $2 Bln for LightSquared Spectrum
May 20 (Bloomberg) -- Charlie Ergen, chairman of satellite-TV provider Dish Network Corp., made a $2 billion bid for spectrum from LightSquared Inc., the bankrupt wireless-broadband company owned by Philip Falcone’s hedge-fund firm, according to people familiar with the offer.
Cristina Alesci reports on Bloomberg Television's "Street Smart." Trish Regan and Jim Glickenhaus, general partner at Glickenhaus & Co., also speak. (Source: Bloomberg)