Updated June 21, 2012

Premium Lock Cary-based Capitol Broadband closing, cutting 89 jobs

Published: 2012-06-21 07:25:00
Updated: 2012-06-21 08:35:12

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Cary Town Council Member-elect Glen Lang
Capitol Broadband Management, founded by former Cary Mayor Glen Lang and once one of the fastest growing private companies in the United States, is closing down as of today, according to a notice filed with the state of North Carolina. Some assets have been sold for $20 million and some people will keep their jobs, a company executive says....Copyright 2013 WRAL Tech Wire. All rights reserved.

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