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Business Wire
1 year ago
Edgio, Inc. Launches Strategic Financial Restructuring to Facilitate Sale and Strengthen Operations
PHOENIX--(BUSINESS WIRE)--Edgio, Inc. (Nasdaq: EGIO) and certain of its affiliates (collectively, “Edgio” or the “Company”), the platform of choice for security, speed, and simplicity, today announced that it has voluntarily filed for chapter 11 relief (the “Chapter 11 Cases”) in the United States Bankruptcy Court for the District of Delaware (the “Court”) to effectuate one or more sale transactions that should allow for the continued operation of the Company's business under new ownership. The.