Simplexity Gets OK For DIP Loan To Fund Wal-Mart Sale

Simplexity Gets OK For DIP Loan To Fund Wal-Mart Sale

A Delaware bankruptcy judge on Friday approved debtor-in-possession financing that private-equity owned mobile phone activator Simplexity LLC says is crucial to fund its planned $10 million stalking horse sale to Wal-Mart Stores Inc., despite objections ...read more

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