Mitel Files for Bankruptcy

Mitel Files for Bankruptcy

Mitel Networks Corporation has filed for Chapter 11 bankruptcy due to ongoing financial difficulties, including declining revenues and complex debt restructuring. The company has secured $124.5 million in financing to support its operations during the restructuring process.
https://www.wsj.com/articles/mitel-networks-files-for-bankruptcy-to-end-creditor-infighting-7952eb4a

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