Latest News 2012 November Contec Holdings Exits Bankruptcy

Contec Holdings Exits Bankruptcy

Contec Holdings has reportedly exited Chapter 11 bankruptcy reorganization. According to reports, the business has been able to cut its debt by about $250 million as it was able to obtain an incremental $25 million in financing. The business originally filed for bankruptcy in August after having liabilities adding up to $372 million.

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Categories: Chapter 11 Bankruptcy