OTTAWA — Canadian satellite operator Telesat Corp. became a public company last Friday and began trading on the Toronto Stock Exchange and the Nasdaq Global Select Market under the ticker symbol “TSAT”. This follows the closing of Telesat Canada’s previously announced merger with New York-based Loral Space & Communications Inc., which was announced in November 2020. Telesat Canada and Loral have become subsidiaries of Telesat Corp., the Canadian controlled and incorporated public holding company formed in connection with the merger transaction. Telesat Corp. will continue to be led by Telesat’s president and CEO, Dan Goldberg. “Today’s announcement marks a major...
