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Loral, MHR to modify transaction to comply with NASDAQ rules

Submit on Tuesday, February 27th, 2007 00:03

Loral Space & Communications announced an update with respect to its agreement to sell US$300 million of convertible perpetual preferred stock to affiliates of MHR Fund Management LLC, Loral’s largest shareholder.

This entry was posted on Tuesday, February 27th, 2007 at 12:03 am and is filed under BUSINESS. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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