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Ergen Says Dish Didn’t See LightSquared as Attractive

Dish Network Corp. Chairman Charles Ergen said that by late 2011 his company didn’t consider LightSquared Inc. an attractive acquisition, while he remained interested in investing personally.

Ergen, testifying today in U.S. Bankruptcy Court in Manhattan, is accused of secretly accumulating $1 billion in LightSquared debt so he could control the broadband services provider’s reorganization and use its wireless spectrum to help Dish expand into wireless.