• Chris DeMuth Jr.
    Ontario Teachers Expected to Buy Loral ( $LORL) for Over $80 per Share http://bit.ly/1i3Wka9. Price ultimately could be $90 +/-$10 per share
    4/10/14
    Reply (12)
    • Spidron: $7B+ makes a lot of sense, IMO: EBITDA multiple similar to SES, and there's room for unsecured debt in cap structure - wild card is...
      4/10/14
    • Chris DeMuth Jr.: Litigation?
      4/10/14
    • Chris DeMuth Jr.: CVR for that...
      4/10/14
    • Spidron: Possible deal announcement + VSAT suit outcome in next several wks - interesting times.
      4/10/14
    • Spidron: ...VSAT suit and indemnification cap in MDA purchase agreement.
      4/10/14
    • Spidron: Yes - that and indemnification cap in MDA PA (comments not going up in order - perils of 140 character limit). Agree re CVR - could be.
      4/10/14
    • Spidron: $7B is rumoured price for all of Telesat: $LORL has 62.8% economic interest and 32.7% voting interest. http://bloom.bg/1gR55zz
      4/10/14
    • Spidron: WaPo/Bloomberg report suggests VSAT suit damages capped at < $300MM: http://bit.ly/1kQk2WG
      4/11/14
    • Chris DeMuth Jr.: George, that is consistent with my understanding.
      4/11/14
    • Spidron: PS, My comment from last night was of course in response to a query from another user (since deleted) - I know you know the %s!
      4/11/14
    • johnbarleycorn: I keep waiting Chris...
      6/28/14
    • Chris DeMuth Jr.: Me too.
      6/30/14