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NL Update

News | 09/22/2003 4:00 am EDT

Aliant sells Stratos Global stake
Aliant Inc. has entered into an agreement to sell its majority stake in Stratos Global Corp. to a syndicate of underwriters led by RBC Capital Markets. Priced at $13 per share, the 26 million shares will bring in nearly $340 million to the regional telco. Aliant held 53.2% of company.

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