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York Space Systems Is Said to Weigh Possible $1.5 Billion Sale

  • Denver-based satellite maker working with adviser on options
  • York builds for clients including US Defense Department

Closely held satellite developer York Space Systems is considering options including a sale, according to people with knowledge of the matter.

The company is working with an adviser to examine strategic options, with a sale expected to value York at about $1.5 billion, said the people, who asked not to be identified because they weren’t authorized to speak publicly. The Denver-based company is expected to attract interest from other aerospace and defense groups, the people said.