M&A · Tech · Radio & Tv Broadcasting & Communications Equipment
Telesat Canada to acquire Loral Space & Communications Inc.
Announced Nov 23, 2020 · Closed Sep 20, 2021
Deal value—
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationNot disclosed
Transaction
- Acquirer
- Telesat Canada
- Target
- Loral Space & Communications Inc.
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Sep 20, 2021
Deal protections
- Break fee (target pays)
- $40.0M
- Reverse fee (buyer pays)
- —
- Go-shop
- No-shop
- Financing
- —
Advisors
- To the acquirer
- Not disclosed
- To the target
- LionTree
Classification
- Sector
- Tech
- Industry
- Radio & Tv Broadcasting & Communications Equipment
Timeline
- AnnouncedNov 23, 2020
- Proxy filedJun 30, 2021
- Definitive proxyJun 30, 2021
- Shareholder voteAug 23, 2021
- ClosedSep 20, 2021