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Global Crossing gets business from XO.
Byline: The Deal
Though Global Crossing Ltd. spent weeks fending off unsolicited takeover offers from XO Communications Inc. earlier this year, the bankrupt telecom said in court filings Sept. 26 that it will do "significantly more" business with its former hostile suitor once it exits Chapter 11 protection. Pending court approval, Global Crossing's minimum purchase commitments from XO will increase from $5 million …
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