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Loral Completes MHR Financing Deal

Submit on Thursday, March 1st, 2007 12:00

Loral Space & Communications has completed its sale of $300 million of stock to MHR Fund Management LLC, Loral’s largest shareholder, Loral announced Feb. 27. The deal was announced in October and was delayed after other shareholders raised opposition. Investment firms Murray Capital Management Inc. and…

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