LONDON, Dec 3 (Reuters) - The takeover of Inmarsat
by a private equity-led consortium was rubber stamped by
London's High Court on Tuesday after a group of hedge funds
earlier abandoned a challenge to the $3.4 billion deal.
The scheme of arrangement for the takeover was sanctioned on
Tuesday, Inmarsat said in a statement to the stock market.
(Reporting by Paul Sandle. Editing by Jane Merriman)