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Rhythms NetConnections Jumps After Deferring Quarterly Dividend

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Rhythms NetConnections

(RTHM)

was up 20.2% in preopen

Island

trading after it announced that it will defer the $5.1 million quarterly dividend on preferred shares, currently payable Dec. 3. The DSL provider also announced that it secured an additional $50 million in vendor lease financing.

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