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Avaya files for Chapter 11 bankruptcy
Reuters via Yahoo Singapore Finance· 1 year agoAvaya said upon completion of the restructuring process it will reduce its total debt by more than 75%, from nearly $3.4 billion to about $800 million. The new capital is "expected to provide ...
Factbox-US corporate bankruptcies set for highest level since 2020
Reuters via Yahoo Singapore Finance· 1 year agoBy Bansari Mayur Kamdar (Reuters) -Bankruptcy filings by U.S. companies this year are on track to...