Telecommunications company Mitel Networks Corp filed for Chapter 11 bankruptcy protection in Texas late Sunday, seeking to ...
Canada’s Mitel Networks has filed for bankruptcy in the US as the telecommunications firm continued to struggle after ...
To execute the restructuring, Mitel will employ a prepackaged plan and file voluntary petitions seeking debt relief under ...
The restructuring plan would reduce Mitel’s debt by $1.15 billion, while resolving a dispute over a debt transaction that favored one group of creditors over another.
Unified communications specialist Mitel is entering Chapter 11 bankruptcy protection as it has struggled to keep its footing ...
Canadian tech pioneer has struggled with market shifts and consequences of the pandemic since US$2-billion private equity ...
Telecommunications company Mitel Networks is preparing to file for Chapter 11 bankruptcy protection as soon as next week, according to people familiar with the situation. The closely held Canadian ...
Last week we reported that Mitel Networks was preparing to file for Chapter 11. Now the telecom company announces that it ...
Right-sizing Mitel's capital structure will enable the Company to invest in its long-term business strategy as it looks to be the leader in unified communications, addressing the increased demand for ...
The Canadian Press on MSN1d
Communications provider Mitel Networks seeking creditor protection in U.S.Canadian communications technology firm Mitel Networks says it's seeking protection from creditors in the United States in order to strike US$1.15 billion in debt from its balance sheet.
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OTTAWA - Canadian communications technology firm Mitel Networks says it’s seeking ... says it is seeking Chapter 11 relief in U.S. Bankruptcy Court for the Southern District of Texas.
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