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GHL Acquisition (GHQ) Announces Additional Share Repurchases

September 8, 2009 7:30 AM EDT
GHL Acquisition Corp. (NYSE: GHQ) entered into additional agreements with certain holders of its common stock as a result of which an additional 2,413,828 million shares of GHL Acquisition common stock will be repurchased upon closing of its acquisition of Iridium Holdings LLC ("Iridium"). The aggregate number of GHL Acquisition common shares subject to repurchase agreements now totals 12,809,591.

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