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Bankruptcy

Aug. 10, 2002

Bankruptcy Deal Leaves Shareholders Talking Lawsuit

SAN FRANCISCO - Telecommunications giant Verizon has agreed to pay a defunct San Francisco Internet company $175 million to settle a lawsuit over their failed merger.

By Tyler Cunningham
Daily Journal Staff Writer
        SAN FRANCISCO - Telecommunications giant Verizon has agreed to pay a defunct San Francisco Internet company $175 million to settle a lawsuit over their failed merger.
        But that sum is "tiny," according to some with a stake in the case, a "pittance,...

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