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Msg  176043 of 177360  at  7/23/2021 12:33:30 PM  by

spookypuff66


Its the debt that becomes important

The New York Stock Exchange is delisting GTT Communications shares as, at the same time, doubts are cast on the companys plan to sell its infrastructure division for more than US$2 billion.

The share price has plunged to only 76 cents. The shares peaked at $60.25 just three years ago.

GTT is highly indebted. GTT completed purchase of Hibernia Networks in January 2017 for $590 million, and of Interoute at the end of May 2018 for $2.3 billion.

https://www.capacitymedia.com/articles/3829188/gtt-in-crisis-as-nyse-delists-shares-for-failing-to-report-results


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176049 Re: Its the debt that becomes important from6454 0 7/23/2021 4:25:15 PM


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