Loral boosts equity in Globalstar; Soros funds buy shares
Loral Space&Communications has increased its ownership in the Globalstar Limited Partnership by purchasing 4.2 million "partnership interests" from founding service-provider partners for $420 million, with half of the sale proceeds set aside to fund Globalstar gateway and user terminal purchases by...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
