Thursday, March 13, 2003

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.
http://www.mfn.com