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dDT

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dDT

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.

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