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| KPNQwest Is Seeking Bankruptcy by Jeremy at 6:16 am EDT, May 24, 2002 | |||
KPNQwest N.V., the Dutch provider of data services, said today that it would file for protection from creditors and that it was in talks with rivals that could lead to a takeover of the company. Analyst: "Who is going to buy them?" KPNQwest: "The company continues to believe that there is substantial risk that there may be no underlying value to either its debt or equity securities." | |||
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