Posted on 04/29/2003 10:27:38 PM PDT by Ernest_at_the_Beach
Edited on 04/13/2004 2:09:42 AM PDT by Jim Robinson. [history]
NEW YORK (AP) A Hong Kong-based conglomerate is likely to abandon its $250 million deal to buy fiber-optic carrier Global Crossing out of bankruptcy because U.S. officials still have deep concerns about the sale's national security implications, a source familiar with the situation said Tuesday.
(Excerpt) Read more at boston.com ...
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