Free Newsletters - Space - Defense - Environment - Energy - Solar - Nuclear
..
. Space Industry and Business News .




SPACEMART
Antitrust Clearance for Sale of SSL Received by Loral and MDA
by Staff Writers
New York NY (SPX) Oct 29, 2012


illustration only

Loral Space and Communications Inc. has announced that Loral and MacDonald, Dettwiler and Associates Ltd. (MDA) have received notice from the Department of Justice that it has completed its review of the transaction to sell Space Systems/Loral, Inc. (SS/L) to MDA and that early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, has been granted with respect to the transaction.

Termination of the waiting period satisfies one of the conditions to the closing of the transaction, and Loral expects that the remaining conditions, all of which are within the parties' control, will be satisfied.

Loral Space and Communications is a satellite communications company. Through its Space Systems/Loral subsidiary, the company is a world-class leader in the design and manufacture of satellites and satellite systems for commercial and government applications including direct-to-home television, broadband communications, wireless telephony, weather monitoring, and air traffic management.

Loral also owns 64 percent of Telesat, one of the world's largest providers of satellite services.

Telesat operates a fleet of telecommunications satellites used to broadcast video entertainment programming, distribute direct-to-home video and broadband data services, and other value-added communications services.

On June 26, 2012, Loral announced that it had entered into a definitive agreement to sell Space Systems/Loral to MacDonald, Dettwiler and Associates Ltd. (TSX: MDA). The closing of the transaction remains subject to customary closing conditions.

.


Related Links
Loral
The latest information about the Commercial Satellite Industry






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





SPACEMART
All the news that's fit to beam
Paris (ESA) Oct 22, 2012
Flooding in the UK. Forest fires in Spain. Headlines bombard us every day. As fast as we can pick up our smartphones or log on to our computers, we want the news and we want it now. And its delivery just got easier. News broadcasters need to trust their connections with satellites more than ever to deliver up-to-the-second news, complete with video, quotes from witnesses and interviews wit ... read more


SPACEMART
Outdoor wear often coated in harmful chemicals: Greenpeace

French Magpie start-up leaches gold from water with modern alchemy

U.S. unveils new supercomputer

Google unveils large tablet, revamped Nexus lineup

SPACEMART
Completion of FCSA Demonstrates Shift In Government Thinking for SATCOM Procurement

Raytheon awarded contract from US Army to produce and upgrade airborne radios

ONR to Dial Up Faster Data for the Marines

$15M order for Harris tactical radios

SPACEMART
SpaceX capsule completes successful first mission

S. Korea sets new window for rocket launch

Pleiades 1B joins its launcher at the Spaceport for Arianespace's Soyuz mission in November

S. Korea readies third bid to join global space club

SPACEMART
Telit Introduces LTE Module Expanding Automotive Product Line with 4G for North American and European Markets

China launches another satellite for independent navigation system

Trimble Adds Boom Height Control to its Field-IQ Crop Input Control System

New INRIX Traffic App for Android Provides Relief from Soaring Gas Prices

SPACEMART
China Southern 3Q profits tumble 29 percent

Youngest Boeing B-52 Stratofortress Achieves 50 Years of Service

'Frankenstorm' disrupts US-bound flights from Britain

Hurricane Sandy grounds 12,000 US flights

SPACEMART
Japan's Renesas books $1.18 bn quarterly loss

New finding could pave way to faster, smaller electronics

Quantum computing with recycled particles

Boeing, Samsung Electronics to Explore Joint Technology Research and Development

SPACEMART
Satellite images tell tales of changing biodiversity

Google adds terrain to Maps as default

Rapid changes in the Earth's core: The magnetic field and gravity from a satellite perspective

Landsat Science Team to Help Guide Next Landsat Mission

SPACEMART
China protesters wary after chemical plant victory

EU takes Italy back to court over illegal landfills

New methods might drastically reduce the costs of investigating polluted sites

Pollution row strangles Italian steel giant ILVA




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement