Summary:

The Globe and Mail :: Troubled Teleglobe Inc., which once vowed to spend billions to ring the world with fibre-optic cable, said Thursday that it has agreed to sell most of its assets to two American turnaround experts for $155.3-million in cash. The sale is subject […]

The Globe and Mail :: Troubled Teleglobe Inc., which once vowed to spend billions to ring the world with fibre-optic cable, said Thursday that it has agreed to sell most of its assets to two American turnaround experts for $155.3-million in cash. The sale is subject to court approval in Canada and the United States.

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