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Loral Space & Communications (LORL) agrees to sell its satellite manufacturing unit Space...

Loral Space & Communications (LORL) agrees to sell its satellite manufacturing unit Space Systems/Loral (SS/L) to Canada's MacDonald, Dettwiler & Associates for $875M. Loral also expects to receive dividends and other payments from SS/L of over $135M. The company will look to use the proceeds to return cash to shareholders. (PR)
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