Also

Globalstar, the hand-held satellite phone service, has reached a preliminary agreement with a group of five lenders, which will provide $10 million in interim debtor-in-possession financing, subject to court approval, the San Jose company said.

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* A top European medical device maker said it would sell a heart-valve research project to Edwards Lifesciences Corp. of Irvine, which makes products to treat cardiovascular disease. Jomed, which is listed in Switzerland but registered under Dutch law, said Edwards would pay $20 million for the Mitral Valve Repair System project.