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


To: Curtis E. Bemis who wrote (5657)4/19/2000 8:42:00 AM
From: TechMkt  Read Replies (2) | Respond to of 15615
 
Does this statement mean that existing GBLX shareholders will get shares of the GC IPO?

Fez
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"Global Crossing Ltd. currently intends to dispose of Global Crossing's retained interest in the GlobalCenter group following this proposed public offering in the form of additional GlobalCenter group stock. This disposition is expected to include a distribution in the form of a dividend to holders of Global Crossing's existing class of common stock for a portion of such interest, but Global Crossing Ltd. has not yet determined the exact method and timing of this disposition. "