Genuine
Genuity is going to layoff 47% of work force and is selling off Cambridge, Chantilly and San Jose Data centers, selling all office buildings in Ma. and moving all remaining offices to Conn. Rumor has it Chapter 11 in the works...
When: 11/27/2002
Company: Genuity

hehe f'edcompany.com. Although Genuity does provide some good bandwidth though. Low latency... decent peering.

Level3 is working on purchasing them.

Genuity has filed for bankruptcy.
News hit the wire last night. http://story.news.yahoo.com/news?tmpl=story&ncid=528&e=2&cid=528&u=/ap/20021128/ap_on_hi_te/genuity_bankruptcy