Global, Asia Crossing: Merger is Off

Merger talks between international operators are called off, "due to current market conditions"

November 5, 2001

1 Min Read

Global Crossing Ltd. (NYSE: GX) and Asia Global Crossing Ltd. (NYSE: AX) announced today that, due to current market conditions, they have terminated discussions regarding a merger. The parties said that they may re-evaluate the merits of a merger in the future.

Global Crossing Ltd. (NYSE: GX)

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