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Teligent to sell offices in 17 states

HERNDON, Va.—Teligent Inc. hired Venture Asset Group L.L.C. in Palo Alto, Calif., to sell more than 20 Teligent offices in 17 states.

Teligent is reorganizing under a new name and business plan and is expected to emerge from bankruptcy in the next couple months. It is becoming a carrier for other telecommunication companies and is dumping its retail business.

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