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
http://go.theregister.com/feed/www.theregister.co.uk/2019/06/04/cloud_provider_fusion_connect_is_broken_by_debt/