Lynk Global envisages a total constellation of 5,000 satellites built in-house. Credit: Lynk Global

TAMPA, Fla. — Slam Corp, the shell company founded by former MLB player Alex Rodriguez, is suing Lynk Global to stop the direct-to-smartphone satellite operator from walking away from their long-delayed merger.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...