Carestream files for bankruptcy
Dental News and Technology
AUGUST 24, 2022
August 23, 2022 -- Carestream Health has voluntarily filed for Chapter 11 bankruptcy protection as part of the final phase of the company's planned recapitalization process. Under a new prepackaged reorganization plan that was approved by its lenders, $470 million of debt would be eliminated -- $250 million more than the previously announced deal in April to convert $220 million in debt to equity, Carestream said.
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