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Satnews Daily
October 20th, 2010

MDA... Financially Speaking... Sale, Partial Sale, No Sale?


[SatNews] MacDonald, Dettwiler and Associates Ltd. (TSX: MDA) wishes to clarify a Bloomberg report that was issued earlier today. The Company has nothing to disclose at this time in regards to Bloomberg's report that the Company "is exploring the sale of part or all of the company after private-equity firms and competitors expressed interest, said two people with knowledge of the matter." As part of its normal practice, MDA continually evaluates strategic alternatives relating to its various businesses to increase shareholder value. Such alternatives may include various merger and acquisition transactions that are considered to be in the best interests of the Company. The Company is not evaluating a sale of its Systems division or any portion thereof. Any announcements regarding strategic alternatives are disclosed in accordance with all applicable legal and regulatory requirements.