Analysts Anticipate Avaya’s Next Chapter as Public Company
Avaya now is listed on the New York Stock Exchange.
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bankruptcy
Avaya Finally Exits Chapter 11, Channel ‘Focusing On the Future’
Avaya has emerged from chapter 11 bankruptcy with a little less than half the debt it had when it filed in January.
Avaya Gets Court’s OK, Will Exit Chapter 11 Bankruptcy Before Year’s End
The U.S. Bankruptcy Court for the Southern District of New York confirmed Avaya’s second amended reorganization plan.
Avaya Poised to Get Out From Under Cloud of Chapter 11 Bankruptcy Protection
The so-called Global Resolution garnered support from two-thirds of the company’s creditors.
Avaya Advances Closer to Chapter 11 Bankruptcy Exit
Avaya’s amended reorganization plan could cut more than $3 billion from the $6.3 billion in debt it had when it entered bankruptcy in January.
Bankruptcy Court Approves Extreme’s Bid to Buy Avaya’s Networking Business
The final agreement has been approved by the U.S. Bankruptcy Court for the Southern District of New York and is expected to close on or shortly after July 1.
Extreme Networks: Partners to Gain from Acquisition of Avaya’s Networking Business
Extreme Networks said its planned acquisition of Avaya’s networking business will provide a broader set of networking technologies and capabilities.
Avaya Plans Sale of Networking Business to Extreme Networks
Avaya has entered an asset purchase agreement in which Extreme Networks will be the primary bidder for the company’s networking business for $100 million.
Avaya Partners Relieved by Chapter 11 Filing, Decision Not to Sell Call-Center Business
Data Voice Exchange’s Randy Koerber said Avaya selling its call center business “would have been a nightmare, because [of] too many parties involved.”
Avaya Files Chapter 11 Bankruptcy, Won’t Sell Call Center Business
Avaya has been transitioning from a legacy hardware business to a software and services company, and has been looking for ways to decrease its debt load of about $6.3 billion.
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