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New Jersey-based Global Crossing Ltd.—which has its international headquarters in Miami—will buy Buenos Aires-based IMPSAT Fiber Networks Inc. for $336 million in cash and debt assumption
South Florida CEO, Dec, 2006 by Suzy Valentine
New Jersey-based Global Crossing Ltd.--which has its international headquarters in Miami--will buy Buenos Aires-based IMPSAT Fiber Networks Inc. for $336 million in cash and debt assumption. Global Crossing, one of the leading providers of IP-based communications in Latin America, hopes to expand its reach with IMPSAT, a broadband and satellite communications company.
COPYRIGHT 2006 CEO Publishing Group, Inc.
COPYRIGHT 2008 Gale, Cengage Learning
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