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A cleaning company suited up to wipe down the first and second-floor hallways of a Dundee apartment building, Wednesday afternoon. Police are investigating a 'Drano bomb' they say someone set intentionally last night.
/PRNewswire/ -- IPC Systems, Inc. ("IPC" or the "Company"), a leading global provider of secure, compliant communications and networking solutions for the...
/PRNewswire/ -- IPC Systems, Inc. ("IPC" or the "Company"), a leading global provider of secure, compliant communications and networking solutions for the...
Speedcast emerges from chapter 11 bankruptcy Speedcast, the satellite communications and IT services provider, has completed its restructuring process and officially emerged from chapter 11 proceedings. It will now be under the ownership of Centerbridge Partners, a private equity company, following its $500 million equity investment. Speedcast says that it now has a clean balance sheet with no secured debt. The company says it intends to integrate its previous mobility networks and build a unified platform, enabling “pole-to-pole coverage from a global hybrid satellite, fiber, cellular, mic...
Speedcast Announces Successful Completion of Restructuring and Emergence Under New Ownership by Centerbridge Media 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...