Teligent drops 38% of its work force amid funding push
Article Abstract:
Teligent Inc. laid off 38% of its workforce as the company attempts to raise $350 million (399.3 million euros) before a deadline. The company must raise the funds or else violate a credit agreement.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Teligent's chairman and CEO is expected to leave company
Article Abstract:
Alex Mandi, the chairman and chief executive officer of Teligent Inc., is expected to resign from his posts. Mandl has yet to find a new job after leaving the struggling telecom company.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Metromedia to use company shares to buy SiteSmith
Article Abstract:
Metromedia Fiber Network Inc. has reached an agreement to acquire SiteSmith Inc. Metromedia will acquire SiteSmith for approximately $1.36 billion.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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