Loral Creditors Make a Stir

  • ENJOY SATELLITEGUYS AD FREE THIS FEBRUARY!

    Thank you to the very generous support we got from our members in December we have decided to make the month of February AD FREE for everyone!

    We want to see the true speed of our site and enjoy SatelliteGuys the way it was meant to be enjoyed!

    If you would like to help us keep the lights on and keep enjoying the site AD FREE consider becoming a PUB MEMBER by CLICKING HERE.

    THANK YOU TO EVERYONE FOR YOUR SUPPORT!

silversurfer

Supporting Founder
Original poster
Supporting Founder
Sep 8, 2003
1,147
1
Las Vegas, Nevada
From our friends at SkyReport.com

A committee of Loral's unsecured creditors filed a document with the court handling the company's bankruptcy matter that suggested consideration should be given to additional companies eyeing Loral's assets.

According to sources, the bankruptcy court filing from the committee stated that any effort to sell Loral's North American satellite fleet to Intelsat should take into consideration other interests. The group said EchoStar, which has been eyeing Loral's assets, may not have made its final offer, and other bidders may surface, providing "vastly" higher value to Loral.

Loral and EchoStar wouldn't offer comment on the development
 

Surge Suppressor for DiSEqC (DISHPRO)

DVRs for the masses

Users Who Are Viewing This Thread (Total: 0, Members: 0, Guests: 0)

Who Read This Thread (Total Members: 1)