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Scient Finds That Golden Eggs Can Bite
D. Geller - June 29, 2000

Event Summary

Scient Corp. announced that one of its clients, a dot-com company named Verde Media, had filed for protection against its creditors under Chapter 11. Verde Media owes Scient $2 million for two full months of work; its shareholders have reportedly promised to pay off their debt, but companies filing under Chapter 11 typically pay only a fraction of what they actually owe...


 
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