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Cyxtera files for Chapter 11 bankruptcy; reports results for 1Q23

  • June 7, 2023
  • Analyst: Philbert Shih

Cyxtera confirmed that it has filed for pre-arranged Chapter 11 bankruptcy about a month after coming to terms on a restructuring agreement and securing financing to support continuing operations. Cyxtera’s subsidiaries in Germany, Singapore and the UK are not part of this process.

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