Primestar/TCI Satellite (TSATA) Message Board

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Technology Stocks : Primestar/TCI Satellite (TSATA)

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To: judge who wrote (219)	1/22/1999 8:36:00 AM
From: judge	Read Replies (2) of 442

correct me if I'm wrong.. tsata to get 67.5 million cash tempo to get 465 million.. which tsata owns.. it looks like tsata to recieve over 500 million.. share price of around 8 bucks... I've got to be figuring this out incorrectly... Hughes will also assume and repay approximately $465 million of advances to Tempo made by PRIMESTAR Partners, L.P., a subsidiary of PRIMESTAR, to fund the construction of the Tempo satellite assets. TSAT has a 37.2% equity interest in PRIMESTAR and Tempo is a wholly owned subsidiary of TSAT.

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