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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?


To: jopawa who wrote (5101)1/7/1999 8:54:00 AM
From: Valueman  Read Replies (1) | Respond to of 10852
 
G* to sell $350 million in convertible preferred, $150 million of that to be bought by Loral. Loral in turn to issue $350 million in debt to pay for the CPEOs and stuff the kitty with more cash. An acquisition by Loral is now almost certain.