Will Space Systems/Loral be the first beneficiary—or casualty—of the impending downturn in new satellite sales? The company’s present owner, Loral Space and Communications, is considering at least two alternatives for the satellite manufacturer’s future. One route was made public last month in a U.S. Securities and Exchange Commission Form 10-Q filing. Loral “is evaluating other strategic alternatives,” an indication that a sale is possible. The second alternative, an initial public ...

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