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Strategies & Market Trends : Sharck Soup

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To: DebtBomb who wrote (16719)4/18/2001 8:34:07 AM
From: Softechie   of 37746
 
It's official now. WCII is BK. Winstar Comms (WCII) 0.14: -- Update -- Files voluntary petition for protection under the Chapter 11 bankruptcy code. WCII also files a suit against Lucent (LU) seeking $10 bln in damages for Lucent's breach of its obligations under its strategic partnership agreement with Winstar.

Lucent Tech (LU) 7.15: Winstar Communications (WCII) files a $10 bln suit against company alleging breach of contract.
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