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Communications provider Mitel Networks seeking creditor protection in U.S.

Communications provider Mitel Networks seeking creditor protection in U.S.

OTTAWA — Canadian communications technology firm Mitel Networks says it's seeking protection from creditors in the United States in order to strike US$1.15 billion in debt from its balance sheet. The Ottawa-based company says it is seeking Chapter 11 relief in U.S. Bankruptcy Court for the Southern District of Texas. It expects it to be […]

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