Loral Space & Communications says it is exploring the possibility of beefing up or selling off its Space Systems/Loral (SS/L) satellite manufacturing unit. In a Security & Exchange Commission 10Q filing made public on Aug. 9, Loral said “it is evaluating other strategic alternatives” for SS/L in addition to an initial public offering (IPO) for up to 19.9% of stock announced in the second quarter. The offering is intended to boost working capital, and for general corporate use. ...
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