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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: Howard C. who wrote (2455)10/8/1999 4:09:00 PM
From: Howard C.  Read Replies (2) | Respond to of 15615
 
Global Crossing up on takeover speculation
Fri Oct 08 14:01:00 EDT 1999



NEW YORK, Oct 8 (Reuters) - Shares of Global Crossing Ltd
jumped about 8 percent in heavy trading on Friday on
speculation that the Bermuda-based communications company may
be the industry's next takeover target, traders said.
Speculation was fueled by a Financial Times report that
Deutsche Telekom AG recently held preliminary talks
with Global Crossing about a takeover, a trader said.