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October 23, 1990 | DEAN TAKAHASHI, TIMES STAFF WRITER
Loral Corp. said Monday that it plans to sell a 49% interest in its newly acquired satellite division of Newport Beach-based Ford Aerospace Corp. to three European firms for $182 million. Loral, a New York-based defense electronics concern, will sell the minority interest in the Palo Alto-based Space Systems division to Aerospatiale Societe Nationale Industrielle of France, Alcatel NV of Belgium and Selenia Spazio SPA of Italy.
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BUSINESS
October 23, 1990 | DEAN TAKAHASHI, TIMES STAFF WRITER
Loral Corp. said Monday that it plans to sell a 49% interest in its newly acquired satellite division of Newport Beach-based Ford Aerospace Corp. to three European firms for $182 million. Loral, a New York-based defense electronics concern, will sell the minority interest in the Palo Alto-based Space Systems division to Aerospatiale Societe Nationale Industrielle of France, Alcatel NV of Belgium and Selenia Spazio SPA of Italy.
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BUSINESS
October 23, 1990 | DEAN TAKAHASHI, TIMES STAFF WRITER
Loral Corp. said Monday that it plans to sell a 49% interest in Ford Aerospace Corp.'s satellite division to three European companies for $182 million. Loral, a New York-based defense electronics concern, will sell the minority interest in the Palo Alto-based Space Systems Division to Aerospatiale Societe Nationale Industrielle of France, Alcatel N.V. of Belgium and Selenia Spazio S.p.A. of Italy.
BUSINESS
October 23, 1990 | DEAN TAKAHASHI, TIMES STAFF WRITER
Loral Corp. said Monday that it plans to sell a 49% interest in Ford Aerospace Corp.'s satellite division to three European companies for $182 million. Loral, a New York-based defense electronics concern, will sell the minority interest in the Palo Alto-based Space Systems Division to Aerospatiale Societe Nationale Industrielle of France, Alcatel N.V. of Belgium and Selenia Spazio S.p.A. of Italy.
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