Lynk Global breaks up with Slam Corp and settles legal dispute

Lynk Global breaks up with Slam Corp and settles legal dispute

Direct-to-smartphone satellite operator Lynk Global has officially hung up on Slam Corp, ending a troubled merger with former MLB star Alex Rodriguez’s blank-check firm through a clean break and legal truce. The post Lynk Global breaks up with Slam Corp and settles legal dispute appeared first on SpaceNews.

Lynk, Slam call truce as deal scrapped

Lynk Global and special purpose acquisition company (SPAC) Slam mutually terminated a 2024 agreement to merge and settled a legal row which erupted after the satellite company attempted to end their nuptials. The satellite player indicated with pending litigation resolved and the deal scrapped, it is better positioned to pursue a broader set of commercial opportunities which would have been constrained by its combination with Slam. Looking forwa…