Windstream Holdings, Inc. (NASDAQ: WIN) has officially filed for Chapter 11 bankruptcy and restructuring following the February 15th, 2019 decision of Judge Jesse Furman in favor of Aurelius Capital Management LP. So what happens next? Windstream has described this bankruptcy filing as a proactive step toward allowing WIN to continue business and improve their operations in the coming days. According to Tony Thomas, President and Chief Executive Officer of Windstream: “Taking this proactive step will ensure that Windstream has access to the capital and resources we need to continue building on Windstream’s strong operational momentum while we engage in constructive
The post Windstream Bankruptcy Fleeces Investors But Shouldn’t Harm Customers appeared first on CCN
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