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Content company may be possible suitor for struggling MDS operator Look: analyst

News | September 4, 2001

Look Communications Inc may be in the final stages of securing a financing arrangement with a major content provider or entertainment-type company that would see the struggling MDS operator live another day, an industry analyst suggests. The Milton ON-based company has until Sept. 7 to come up with a plan to pay back $98 million to its primary lenders, BCE Inc and Telesystem Ltd, or close up shop for good (RoW Update, Aug. 27/01).

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