Cable Services Company Casa Sells Cloud Unit to Fund Bankruptcy

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Casa Systems Inc., which makes software and other products for cable television companies, won court approval to sell its cloud-based unit for $32.3 million to Lumine Group US Holdco Inc. in order to fund the rest of its bankruptcy case.

Cable Services Company Casa Sells Cloud Unit to Fund BankruptcyCiti Trims Fed Bet for 2024, Still Sees 100 Basis Points of CutsChina Life Profit Falls as Rout Erodes Investment ReturnsMexican Companies Are Lining Up to Sell Shares, Barclays SaysHarvard, Columbia Say No to Students Demanding Israel DivestmentPemex Ekes Out Tiny Profit as Oil Production Decline ResumesIntel Slides After Tepid Forecast Spurs Fears About ComebackAlphabet Leaps Into $2 Trillion Club as Results Show AI StrengthFirst...

6% pace, reflecting an economy pressured by high ratesWhat is changing about Canada's capital gains tax and how does it impact me?Poll suggests half of Canadians have negative opinion of latest Liberal budgetMark Wiseman: Canadians 'got to start talking about' lagging productivityTourism operators face heavy debt, even as business roars backPerceived job security in Canada falls to lowest since COVID-19Ottawa puts up $50M in federal budget to hedge against job-stealing AIAs...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Drug company Apotex signs deal to buy Montreal-based Searchlight PharmaDrug company Apotex Inc. has signed a deal to buy Searchlight Pharma Inc.
Source: BNNBloomberg - 🏆 83. / 50 Read more »