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  • Billionaire Fails in Bid for Global Crossing (Charles Smith Alert!)

    03/06/2003 8:32:14 PM PST · by HighRoadToChina · 13 replies · 250+ views
    NewsMax.com ^ | March 6, 2003 | Charles Smith
    Reprinted from NewsMax.com Billionaire Fails in Bid for Global CrossingCharles R. SmithThursday, March 6, 2003This is the second article about Li Ka Shing's bid to purchase Global Crossing. Read Part I: Global Double Crossing. Li Ka Shing has lost the first round in his effort to take over Global Crossing. Li's bid for the defunct telecommunications giant failed before a U.S. national security committee charged with oversight. The credit for causing Li's failure must be distributed evenly to both NewsMax and our readers for passing so many valuable tips about the reclusive billionaire to the FBI. In the end, Li...