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LSC Communications Files for Chapter 11 and Raises $100M in Liquid Capital

After weeks of credible speculation and reporting, LSC Communications announced clarity around its reorganization plans, which includes filing for Chapter 11 bankruptcy with the Southern District of New York. The company was left with few option after accumulating at least $893 million in... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2020-04-13 15:00:01 UTC ]
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LSC Communications Prepares Bankruptcy Filing As Shareholder Revolts

Weeks after issuing an earnings that report that revealed the company lost $295 million last year, publication printer LSC Communications is preparing to file for Chapter 11 bankruptcy, Bloomberg reports, citing "people with knowledge of the plans." The news comes less than a year after the... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2020-03-25 18:34:08 UTC ]
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