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MFN Presents Reorganization Plan to Bankruptcy Court

Metromedia Fiber Network (MFN) filed its plan of reorganization with a bankruptcy court in New York. MFN’s post-bankruptcy business strategy includes continued operation of all its core business segments – metropolitan fiber network, data centers, IP transit and managed services. The company said its financial condition has been improving since it filed for bankruptcy protection in May 2002.

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March 13

From 25 years of the Converge Digest archive.