Monday, June 25, 2007

UPDATE 1-RCN Corp. to buy NEON Communications for $260 mln

(Reuters) - The deal, which is expected to close during the fourth
quarter, would double RCN Business Solutions' revenue in
Northeast Corridor and Chicago markets, the companies said in a
joint statement.




The combined entity will have more than 14,000 route miles
and more than 1,000 on-net buildings, NEON's Chief Executive
Kurt Van Wagenen said in a statement.


Read more at Reuters.com Bonds News

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