Talks between Lora, Ontario Teachers' Pension Plan End -NY Post

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Talks between Loral Space & Communications, Inc.
LORL
and the Ontario Teachers' Pension Plan have ended, according to the
New York Post
. Sources say the two parties had discussed a deal for Loral at ~$85 a share. The deal was to be completed once Loral settled a suit with Via­Sat Inc. over patent infringement. Talks between, which were active in the fall, have ended, two sources close to the situation said. The talks are said to have fallen apart over issues between Loral investor Mark Rachesky and the Ontario Teachers. Shares of Loral closed Friday at 78.35. Up 0.13. View full article http://nypost.com/2015/01/10/deal-to-sell-loral-space-communications-grounded/
Posted In: NewsRumorsM&ACommunications EquipmentInformation TechnologyNY Post
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