FCC denied Pegasus petition for reconsideration of Dec. 1999 deci...
FCC denied Pegasus petition for reconsideration of Dec. 1999 decision granting KaStar application for consent to transfer of control of licenses from Televerde Communications. Pegasus had argued that KaStar failed to provide enough information to determine whether transaction complied…
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with antitrafficking rules. Pegasus said principals of KaStar’s majority shareholder, Televerde, realized substantial gain in transfer of control. Commission said Pegasus offered no new information.