Wednesday, 20 September 2017

Maxcom files for bankruptcy in US

By Marie Beaudette, Dow Jones Newswires
Wednesday 24 July 13

Mexican telco aims for quick Chapter 11 process, having already secured creditor support for restructuring plan.

Mexican phone company Maxcom Telecomunicaciones S.A.B. filed for Chapter 11 bankruptcy protection in the U.S. late Tuesday after reaching a deal with its creditors that would hand control of the company to a group of investors led by private equity firm Ventura Capital Privado S.A. Maxcom, which filed its Chapter 11 petition with the U…

Mexican phone company Maxcom Telecomunicaciones S.A.B. filed for Chapter 11 bankruptcy protection in the U.S. late Tuesday after reaching a deal with its creditors that would hand control of the company to a group of investors led by private equity firm Ventura Capital Privado S.A. Maxcom, which filed its Chapter 11 petition with the U…

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