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Loral Space Communications - Wikipedia Loral Space Communications Inc is a Delaware-domiciled satellite communications company headed by Michael B Targoff The company was formed in 1996 from the remnants of Loral Corporation when Loral divested its defense electronics and system integration businesses to Lockheed Martin for $9 1 billion [ 3 ]
Loral Space Communications Ltd. -- Company History Loral Space Communications Ltd , or Loral SpaceCom, is a leading satellite communications company that both assembles satellites and markets satellite-based communications services The company is a partner in the Globalstar consortium, which operates a 52-satellite global telecommunications network, albeit under Chapter 11 bankruptcy protection
Telesat completes Loral merger, becomes publicly-listed . . . Loral Space Communications Inc and the Public Sector Pension Investment Board of Canada acquired Telesat from BCE Inc for CAD$3 25 billion in 2007 The merger between Telesat and Loral was announced in November 2020, shortly after Goldberg discussed the option of financing Telesat’s Low Earth Orbit (LEO) constellation through an IPO
Loral Corporation - Wikipedia Loral becomes Loral Space and Communications [8] October 5, 2007 – Loral Space Communications Inc and the Public Pension Investment Board of Canada received the final regulatory approval necessary to complete the acquisition of Telesat from BCE Inc for CAD $3 25 billion The acquisition closed on October 31, 2007, with Loral owning 64
Loral Space Communications completes merger with Telesat . . . On November 19, 2021, Loral Space Communications Inc (Loral) completed its previously announced definitive agreement with Public Sector Pension Investment Board (PSP Investments) and Telesat Canada pursuant to which Loral and Telesat Canada became subsidiaries of Telesat Corporation (New Telesat), a new publicly traded Canadian company
Telesat to Become Public Company through Agreement with Loral . . . OTTAWA, CANADA, November 24, 2020 – Telesat Canada announced today that it has entered into an agreement with Loral Space Communications Inc (NASDAQ: LORL) (Loral) and Public Sector Pension Investment Board (PSP Investments) pursuant to which Telesat Canada and Loral will become subsidiaries of Telesat Corporation (Telesat), a new publicly
Telesat Becomes a Public Company, Marking A Significant . . . This follows the closing of Telesat’s previously announced transaction with Loral Space Communications Inc (“Loral”) and Public Sector Pension Investment Board (“PSP Investments”) (the “Transaction”), in which Loral’s stockholders and Telesat Canada’s other equityholders have exchanged their interests for equity in Telesat