Iridium – New markets, new energy

I seemed to hit a sensitive spot at Iridium with my previous article (Iridium sold on for small change) concerning Greenhill & Co investment of $22.9m in Iridium.  The company was very keen to assure me that Greenhill & Co has invested in, not brought, Iridium. Although it should also be noted that while this is strictly true – an affiliate of Greenhill & Co, GHL Acquisition Corp (GHQ), IS acquiring Iridium.Having raised $400m from an IPO earlier...