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Loral Space & Communications (LORL) soars 13.65% into orbit following its agreement to sell...

  • Wednesday, June 27, 2012, 11:20 AM ET
    Loral Space & Communications (LORL) soars 13.65% into orbit following its agreement to sell its satellite manufacturing unit Space Systems/Loral (SS/L) to Canada's MacDonald, Dettwiler & Associates for $875M. In Toronto, MacDonald, Dettwiler is +24%. Looks like everyone's a winner.
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    That leaves Loral with its 64% interest in Telesat.
    27 Jun 2012, 12:25 PM Reply Like
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