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ASP CONSOLIDATION
ASP USinternetworking emerged from bankruptcy last week with a cleaner financial slate-and as a bigger company.
Under its Chapter 11 reorganization, Annapolis-based USi extinguished $210 million in debt and received an $81.25 million investment from parent company Bain Capital. USi also unveiled an agreement to merge with Interpath, a Research Triangle Park, N.C.-based ASP in which Bain holds a controlling interest. The merger will create an ASP with more than 130 customers and total...