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Technology Stocks : Loral Space & Communications
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To: Joe Brown who wrote (5061)12/22/1998 10:22:00 PM
From: david thor  Read Replies (1) of 10852
 
< probably divest LOR holdings (they own 20%) to finance deal. >

Jack,

I thought the divestiture was one of the legal requirements that might be imposed on the purchase, not for the reason of financing (somewhat analogous to MCI having to divest their internet business as a condition to the WCOM/MCI merger).

Regards,
Dave
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