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Article: Rocky Mountain Internet Countersues Anschutz-Controlled Internet Communications Corporation.
- Article from:
- Business Wire
- Article date:
- December 3, 1998
CopyrightCOPYRIGHT 1998 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DENVER--(BUSINESS WIRE)--Dec. 3, 1998--Rocky Mountain Internet Inc. (NASDAQ SmallCap Market-RMII, RMIIW) announced today it has filed a counter lawsuit in Denver District Court against Internet Communications Corporation (INCC) claiming damages relating to the failed proposed acquisition of INCC and a related $175 million financing.
As previously announced, Rocky Mountain Internet terminated a merger agreement to acquire INCC due to, among other things, INCC's failure to satisfy certain obligations in the merger agreement.
In the complaint filed November 30, 1998, Rocky Mountain Internet cited INCC, Holme Roberts & Owen (INCC's law firm) and Interwest, ...