MacDonald, Dettwiler to buy California satellite company SS/L for US$875 million | iNFOnews | Thompson-Okanagan's News Source
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MacDonald, Dettwiler to buy California satellite company SS/L for US$875 million

VANCOUVER - MacDonald, Dettwiler and Associates Ltd. of Vancouver (TSX:MDA) says it will pay US$875 million to acquire a California-based company that makes commercial communications satellites. MDA says the addition of Space Systems/Loral Inc. will give it a critical mass in the U.S. market and global opportunities for growth.

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