InvestorsHub Logo
Followers 470
Posts 76416
Boards Moderated 3
Alias Born 03/31/2008

Re: None

Monday, 11/24/2014 4:28:39 PM

Monday, November 24, 2014 4:28:39 PM

Post# of 648882
LORL Loral reportedly near Telesat deal valuing company at $85/share

Bloomberg reports The Ontario Teachers Pension Plan and Canada's Public Sector Pension Investment Board (PSP) are near a $7B deal to buy Telesat that would value Loral (LORL +7.2%) at $85/share.
Loral has spiked to $78.50 on the report. The company recently shot down a Telesat deal valuing it at $80/share.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.