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March 21, 2005

Global Crossing Announces Sale of Small Business Group to Platinum Equity's Matrix Telecom

Florham Park, NJ -- Global Crossing (NASDAQ: GLBC) announced today that it has entered into a purchase agreement to sell its small business group (SBG) to Matrix Telecom®, a Platinum Equity company. Under the agreement, Global Crossing will receive $40.5 million in gross cash proceeds for SBG. In addition, Global Crossing and Matrix have entered into a long term carrier services agreement under which Global Crossing will offer its full suite of ... Read more

Florham Park, NJ -- Global Crossing (NASDAQ: GLBC) announced today that it has entered into a purchase agreement to sell its small business group (SBG... Read more

Florham Park, NJ -- Global Crossing (NASDAQ: GLBC) announced today that it has entered into a purchase agreement to s. Read more

January 18, 2005

Platinum Equity Acquires Universal Group Direct and Dial Business Units from Vivendi Universal

Businesses in France and the United Kingdom are Europe’s Largest Club-Based Marketers of DVD, CD and Video Game Entertainment   LOS ANGELES (Jan. 17, 2005) – Platinum Equity announced today that it has acquired Universal Group Direct and DIAL – Europe’s largest club-based marketers of DVD, CD and video game entertainment – from Vivendi Universal.   ... Read more

Businesses in France and the United Kingdom are Europe’s Largest Club-Based Marketers of DVD, CD and Video ... Read more

Businesses in France and the United Kingdom are Europe’s Largest Club-Base. Read more