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Stock Market & Financial Investment News

News Breaks
March 18, 2013
12:59 EDTLORLLoral Space & Communications terminates CFO Harvey B. Rein
As previously disclosed, Loral Space & Communications is restructuring its corporate office as a result of the sale of its former wholly owned subsidiary, Space Systems/Loral, LLC In connection with the corporate office restructuring, on March 15, the Board of Directors of the Company approved the termination of the employment of Harvey B. Rein as Senior Vice President and CFO effective as of March 15. Following Reinís termination of employment, he will be engaged by the company as a part-time consultant to the Board to assist in the oversight of financial reporting and other financial functions and for other assignments on an as-needed basis. Also, in connection with the corporate office restructuring, on March 15, the company terminated the employment of John Stack as Treasurer effective as of March 15. Comments taken from an 8-K filing.
News For LORL From The Last 14 Days
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November 24, 2014
16:25 EDTLORLCanadian funds near $85 per share deal for Loral Space, Bloomberg reports
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15:56 EDTLORLCanadian pension firms near $7B deal for Telesat, Bloomberg says
Loral participates in satellite services operations through its 64% interest in Telesat Holdings.

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