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03/01/2013 02:29:05 PM EST

Bankrupt Chipmaker Conexant Wins Access To $15M DIP

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Law360: Private Equity

Conexant Systems Inc. won approval in Delaware bankruptcy court Friday of a $15 million debtor-in-possession loan, part of a prepackaged plan designed to keep the private equity-owned microchip developer up and running as it moves toward a speedy reorganization. Read More...