Make Homepage | Add To Favorites | Print Page | Submit News | Feedback | Contact | 

Your Technical Computer Information Resource!  
     

  Technical Updates @ TACKtech Corp.  

03.11.2021 - Speedcast Announces Successful Completion of Restructuring and Emergence Under New Ownership by Centerbridge



View RealWire related news. Recapitalization provides Speedcast with clean balance sheet and financial strength and flexibility WASHINGTON, D.C., March 11, 2021 - Speedcast has successfully completed its restructuring process and today emerged from chapter 11 proceedings under the ownership of Centerbridge Partners, L.P. and its affiliates. Following Centerbridge’s USD $500 million equity investment in the company, Speedcast now has a clean balance sheet with no secured debt and a healthy cash balance, optimally positioning it as a stable, long-term... Source: RealWire

- View Press Release

NID: 83217 / Submitted by: The Zilla of Zuron
Categories: Press Release
Most recent RealWire related news.
Databarracks acquires 4sl
Artesian Debuts Next Generation 'Engagement Signals' for Bespoke Client Monitoring
Sumo Logic CEO Ramin Sayar Joins Tessian’s Board of Directors
MandM Direct Manages Models at Scale with Dataiku
CCS acquires MPS business from Maintel Europe Ltd
View archive of RealWire related news.
  Popular Tech News  
  Most Viewed News  
  Top Affiliates  
.....