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EchoStar Communications Made An Offer For Loral - Stock To Watch

(RealTimeTraders.com) - EchoStar Communications (DISH) made an informal offer to acquire Loral Space & Communications for $1.45 billion.

EchoStar Communications was range-bound for the bulk of Tuesday's session, but gradually declined going into the close, to finish down by 0.19 at $35.95 on above average volume. The stock closed near the middle of a 9-week range at the highs of the year.

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