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Archive Home > 2002 > July > 16 > Potential sale of Qwest assets boosts shares

Potential sale of Qwest assets boosts shares

Sale of directory has become increasingly important to company

By Lisa Rosetta / The Bulletin
July 16, 2002

Qwest Communications Inc.'s deflated stock jumped 3.6 percent to $2 on Monday after the struggling telecom giant announced it has received at least two bids for its phone-directory publishing business.

Qwest did not elaborate on the bidders or the amount of money offered. However, in May....

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