McLeodUSA Gets Back in the Saddle, Exiting Chapter 11 Bankruptcy in Just 10 Weeks

Sector:Business Network Services - U.S.

Pages:3

Publisher:Current Analysis

McLeodUSA Gets Back in the Saddle, Exiting Chapter 11 Bankruptcy in Just 10 Weeks

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Description:

McLeodUSA shows that it's not just cats that have nine lives. The CLEC has re-emerged from bankruptcy for the second time in three years, because investors won't accept the alternative of selling off assets for pennies on the dollar.