Live Update
From the Liveblog of
Tuesday, December 22, 2015
Company operating Amos 5 satellite now up for sale
Israeli company Spacecom is up for sale after one of its satellites, Amos 5, broke down irretrievably in space.
The satellite was insured but the companies’ stocks plummeted by 24 percent this year.
Sources in the company tell the Bloomberg news agency that the company hired an external adviser to help it find potential buyers.
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