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Telesat Said to Weigh Takeover Offers From EchoStar, Carlyle

Telesat Holdings Inc., the Canadian satellite company, is weighing takeover offers from EchoStar Corp. and Carlyle Group, and may decide on a possible sale in the coming days, said people with knowledge of the matter.

Telesat also may consider a special dividend as an alternative to a sale if the bids don’t meet expectations, said one of the people, who declined to be identified because the talks are private. Blackstone Group LP dropped out of a bidding group that includes KKR & Co., the people said.