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Teleglobe being shopped around as parent BCE halts future funding

News | 05/07/2002 4:00 am EDT

Management and investors in Teleglobe Inc. are rushing to keep the company afloat following the decision by BCE Inc. to cut its ties to the troubled company. Reports indicate there is some interest in the carrier, but how strong that interest is, and whether it is for the entire operation or only selected parts, is unclear.

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