Tuesday 4 June 2019

US cloud pusher Fusion Connect hits ice after double-merger debt pile-on, files for chapter 11

'Underperformance', liquidity problems fingered, vendor relationships 'increasingly strained'

American cloud peddler Fusion Connect has filed for Chapter 11 bankruptcy protection, after entering a series of risky mergers and accumulating more debt than it could hope to repay.…

via The Register - Data Centre: Cloud

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