Mitel: Mitel Secures Court Approval for Restructuring

Mitel is progressing through its financial restructuring process. The U.S. Bankruptcy Court for the Southern District of Texas has formally approved the Company's prepackaged plan which should see the company emerge from Chapter 11 this quarter. News first broke of Mitel's Chapter 11 in March, and at the time reportedly designed to proactively optimize Mitel's [...]