Loral Space to combine with Telesat to form new public company

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Sverige Nyheter Nyheter

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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.

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