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INTELSAT
RETAINS LEHMAN BROTHERS AS PRIVATIZATION ADVISOR
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INTELSAT has retained Lehman Brothers to
advise it on capital markets, business and structural matters
related to privatization. INTELSAT is on an aggressive schedule to
privatize by April 2001. Lehman Brothers will assist INTELSAT in
maximizing the market value of INTELSAT as a private company (New
Intelsat), while balancing the organization's continued objective
of worldwide service. Key to this will be developing New
Intelsat's capital structure and dividend policies, business
planning and positioning, and determining the company's valuation
in preparation for capital market transactions.
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2000 SPACEandTECH
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