Tag Archives: LORL

Update Time – A Few Spins Which Got Sold Instead

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Time for a little housecleaning as we catch up on some old news regarding a few potential spins which ended up as sales instead. Can’t win them all. Loral Space & Communications (LORL) had long talked about spinning off its Space Systems/Loral (SSL) unit to shareholders, but instead sold the division to MacDonald, Dettwiler & Associates (TSX:MDA) for $875m. The… Read More »

Satellite Spinoff In The Air For Loral

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After undergoing a strategic review and failing to find a buyer, Loral Space & Communication (LORL) announced that it is committed to spinning off its Space Systems/Loral (SS/L) segment. SS/L designs, manufactures and integrates satellites and space systems for a wide variety of commercial and government customers. The unit appears to be growing rather nicely over the past… Read More »