Bought Loral Space and Communications

Yesterday, I picked up some Loral Space and Communications (Ticker: LORL) for $73.12. Bloomberg has reported that Ontario Teachers’ Pension Plan is in the lead to acquire Telesat Holdings, which is majority owned by Loral Space and Communications. There have been reports that Loral Space and Communications can go for ~ $80 per share. This deal could be wrapped up soon so we’ll see…