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IP: PSINet set to sell networks division for at least $325m


From: Dave Farber <dave () farber net>
Date: Wed, 28 Feb 2001 12:09:00 -0500



"Dave Farber" <dave () farber net> wrote:
__________
PSINet set to sell networks division for at least $325m

PSINet is close to selling its transaction network solutions unit,
which will help the global internet service provider escape near-term
bankruptcy and provide enough funding to continue operations through
2001.

http://news.ft.com/ft/gx.cgi/ftc?pagename=View&c=Article&cid=FT3T4I436JC&live=true&tagid=ZZZAN4NOD0C


PSINet set to sell networks division for at least $325m

PSINet is close to selling its transaction network solutions unit,
which will help the global internet service provider escape near-term
bankruptcy and provide enough funding to continue operations through
2001.

http://news.ft.com/ft/gx.cgi/ftc?pagename=View&c=Article&cid=FT3T4I436JC&live=true&tagid=ZZZAN4NOD0C






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