BUSINESS/FINANCIAL DESK
| April 16,
2004, Friday
Technology Briefing | Telecommunications: Globalstar Emerges
From Bankruptcy
By BARNABY J.
FEDER (NYT) (NYT) 200 words
Late Edition -
Final , Section C , Page 3 , Column 3
DISPLAYING
FIRST 50 OF 200 WORDS
- Globalstar, the $4
billion satellite phone system begun by a partnership led by
Qualcomm and Loral Space and Communications, said yesterday that it
had emerged from bankruptcy. Its new owners, Thermo Capital
Partners, paid $43 million for 81.25 percent of its stock, with the
remainder being divided among former bondholders,...
Source :
http://www.nytimes.com/
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