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Look confident plan will be accepted by creditors at Dec. 14 meeting

News | 12/11/2001 5:00 am EST

Management at Look Communications Inc. is confident that its plan to emerge from bankruptcy protection will be accepted by the majority of its creditors at a meeting on Dec. 14. Getting the requisite number of creditors to vote in favour of the plan has been bolstered by the fact that the company’s two primary lenders – BCE Inc. and Telesystem Ltd. (RoW, Sept. 4/01) – have thrown their full support behind management.

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