FCC OKs Stonepeak/Radiate

The FCC Wireline and International bureaus granted Stonepeak and Radiate's transfer of control request, said Tuesday's Daily Digest. Stonepeak will "have the right to appoint a majority of the directors" to Radiate's board and will control Radiate. Current and indirect equity holders of Radiate will also transfer their indirect interests to Stonepeak-affiliated entities.