Montreal-based Airborne Mobile, which was purchased by Japanese-based Cybird for more than $90 million in 2005, confirmed today that it has restructured the company, which includes a management buy-out, layoffs and the elimination of some of its divisions. In a letter sent to business partners, the company’s co-founders wrote that they have “orchestrated a management buyout from Cybird Holdings in Japan, and have regained full control over Airborne Mobile
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