UK's Inmarsat rejects takeover approach from US rival EchoStar

References:
Echostar Battle Staff—https://www.echostar.com/Company/ExecutiveLeadership.aspx
Imarsat Battle Staff—https://www.inmarsat.com/about-us/our-business/board-of-directors/

Space Situational Awareness (SSA): If it is to stave off EchoStar’s interest, Inmarsat’s management – led by chief executive Rupert Pearce – will be reliant on the support of major shareholders, with whom it has been at loggerheads over pay. A revolt from more than 60% of voting investors earlier this year forced Inmarsat to rip up its pay proposals, continuing a long-running dispute that had broken out into rebellion three times in the past six years.

A government spokesperson said: “While no formal bid or offer has been made, we are monitoring the situation. However, this is a commercial matter for the companies involved.”