Author Archive
Michael Bruno
Court OKs Winstar Sale
A Delaware bankruptcy judge formally approved IDT Corp.'s roughly $40 million acquisition of Winstar Communications Inc.
- By Michael Bruno and Yuki Noguchi
IDT to Buy Winstar for About $40 Million
IDT Corp. has offered to buy Winstar Communications in a deal that, if approved, would save Winstar from liquidation.
- By Michael Bruno
PEC Announces Layoffs
PEC Solutions Inc. said it would furlough up to 7 percent of its billable work force.
- By Michael Bruno