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Technology Stocks : Qwest Communications (Q) (formerly QWST) -- Ignore unavailable to you. Want to Upgrade?

To: MangoBoy who wrote (5253)	10/14/1999 12:52:00 PM
From: Tim O.	Read Replies (2) \| Respond to of 6846

<< QWST to deliver 2,231,076 GLBX to USW >> >>>>USW owns the GBLX shares, not QWST. Actually, as part of the termination settlement between USW and GBLX (with QWST's agreement to give up FRO), USW paid GBLX $140M in cash and 2,231,076 of GBLX stock. In addition, QWST loaned USW $140M and agreed to buy $140M in services from GBLX. The termination terms between USW/QWST simply makes USW whole. Ohh, you're right though in that USW still owns a bunch of GBLX shares. OT i remember you from the AMTX days. what ever happened to Pat?