WASHINGTON, Sept. 30, 2009 (GLOBE NEWSWIRE) -- Finkelstein Thompson LLP is investigating potential shareholder claims arising from a going private transaction by SkyTerra Communications, Inc. ("SkyTerra" or the "Company") (OTCBB:SKYT - News). Under the deal, SkyTerra will be acquired by the Company's largest shareholder, Harbinger Capital Partners ("Harbinger"), for $280 million. SkyTerra shareholders will receive approximately $5.00 for each share of common stock they own.

The investigation is focused on the potential unfairness of the proposed acquisition price and of the process by which the Company's Board of Directors is addressing the offer, particularly since Harbinger already holds 48% of SkyTerra's voting common stock and 49% of SkyTerra's voting and non-voting common stock combined.

If you are interested in discussing your rights as a SkyTerra shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at This email address is being protected from spam bots, you need Javascript enabled to view it .