Thursday, June 14, 2007

Liberty Media, Echostar to bid for Intelsat-report

(Reuters) - NEW YORK, June 14 - Liberty Media Corp. and EchoStar Communications Corp. are preparing a joint offer for satellite-communications provider Intelsat Ltd., The Wall Street Journal's online edition said on Thursday.



Intelsat, which is accepting final bids for its auction on Thursday, could fetch more than $5.5 billion, the Journal said.


Read more at Reuters.com Mergers News

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