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By Rich Miller
Carrier Hotels Editor
Posted Feb 19, 2004
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http://www.carrierhotels.com/news/2004/Feb/19/xo_cleared_to_buy_allegiance_print.html
XO Cleared to Buy Allegiance
By Rich Miller
Carrier Hotels Editor
Posted Feb 19, 2004
RESTON, VA - XO Communications, Inc. today announced that Judge Robert Drain of U.S. Bankruptcy Court for the Southern District of New York has issued an order approving XO Communications’ proposed purchase of substantially all of the assets of Allegiance Telecom, Inc. for approximately $311 million in cash and 45.38 million shares of XO common stock. The transaction remains subject to, among other things, applicable federal and state governmental regulatory approvals and termination of applicable waiting periods. Read the full release ...
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