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Author Topic: New settlement in GT Advanced bankruptcy case gives supplier more time to sell equipment  (Read 390 times)
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« on: December 16, 2014, 09:00:35 am »

New settlement in GT Advanced bankruptcy case gives supplier more time to sell equipment

The Wall Street Journal reported today that Apple and GT Advanced Technologies have reached a settlement in their ongoing bankruptcy case. The settlement, which was approved by the courts earlier today, gives the sapphire supplier up to four years to sell its current stock of sapphire production equipment in order to repay Apple. The two […]<img alt="" border="0" src="http://pixel.wp.com/b.gif?host=9to5mac.com&blog=22754319&post=357555&subd=9to5mac&ref=&feed=1" width="1" height="1" />

Source: New settlement in GT Advanced bankruptcy case gives supplier more time to sell equipment
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