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Title: GT Advanced creditors complain about unfair settlement as Apple commits to repurposing Mesa factory (Update) Post by: HCK on November 20, 2014, 03:00:24 am GT Advanced creditors complain about unfair settlement as Apple commits to repurposing Mesa factory (Update)
In the aftermath of GT Advanced filing for Chapter 11 bankruptcy protection, the sapphire maker reached a $439 million settlement with Apple in which the supplier will repay the iPhone maker up to $290,000 per furnace sold. GT Advanced creditors aren’t happy with the proposed settlement, however, arguing that the sapphire company may have received too […]<img alt="" border="0" src="http://pixel.wp.com/b.gif?host=9to5mac.com&blog=22754319&post=353381&subd=9to5mac&ref=&feed=1" width="1" height="1" /> Source: GT Advanced creditors complain about unfair settlement as Apple commits to repurposing Mesa factory (Update) (http://feedproxy.google.com/~r/9To5Mac-MacAllDay/~3/11mCVg2UNGc/) |