PAETEC Completes McLeodUSA Acquisition
PAETEC completes the 557 million purchase of McLeodUSA creating a rival to major carriers. The merger expands PAETEC to 82 of the top 100 markets by end of 2008 and prompts a regional sales restructuring.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 09, 2008
Page
17
PAETEC completes the 557 million purchase of McLeodUSA creating a rival to major carriers. The merger expands PAETEC to 82 of the top 100 markets by end of 2008 and prompts a regional sales restructuring.
Venezuela vows the court actions against PDVSA do not confiscate 12 billion in assets but Exxon Mobil seeks relief in New York London and the Netherlands over Chavez nationalization of Orinoco oil projects. PDVSA reports about 300 million frozen cash while a 12 billion restraint remains in Britain.
Chrysler LLC President Jim Press said the rejuvenation plan may cut the product lineup by up to half and reduce dealer numbers to improve efficiency. The Project Genesis consolidation aims to align Chrysler, Jeep and Dodge within four to five years, with forecasts subject to change.
Salt Lake City AP report notes XanGo executive Joseph Morton touts mangosteen juice as an immunity booster while experts doubt health benefits. An AP test found antioxidant power similar to other juices. XanGo warns the juice is not a disease treatment. Morton, 37, Ironman Joe, leads XanGo International and distributor relations.
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