Loral Space to combine with Telesat to form new public company

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

Loral stockholders not affiliated with the funds managed by MHR Funds will own 26.1 per cent of the new company

The plan, which is subject to customary closing conditions, including approval by Loral shareholders and certain regulatory approvals, is expected to close in the second or third quarter of 2021.

Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines