PAETEC Cuts Debt By Another $10M

PAETEC (PAET) shares were down Thursday morning, despite the CLEC’s announcement that it has paid off $10 million in debt early. The Rochester, N.Y.-based provider’s stock price hit $3.90, down 1.02 percent, by 10:41 a.m. Eastern. But that’s a temporary situation and PAETEC made it clear it’s looking toward the long-term. “We are confident that we […]

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