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Canadian satellite company Telesat is weighing takeover offers from EchoStar (SATS +0.1%) and...
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Friday, April 1, 2011, 9:37 AM ETCanadian satellite company Telesat is weighing takeover offers from EchoStar (SATS +0.1%) and the Carlyle Group, and may decide on a sale in the coming days, Bloomberg reports. Telesat, co-owned by Loral Space & Communications (LORL +0.5%) and Canada’s Public Sector Pension Investment Board, may be seeking at least $6B.
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