10:14 AM EST - BCE Inc. : is selling Canada's leading satellite operator in a $3.42 billion deal. Telesat Canada said Monday its parent company, which also owns Bell Canada, made the sale to the Public Sector Pension Investment Board and U.S.-based Loral Space and Communications Inc. The new company will be called Telesat and will be headquartered in Ottawa. BCE Inc.
shares T.BCE are trading up 63 cents at $30.54.
