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.