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SDI Solutions Files for Chapter 11 to Sell Assets to PGV

Tuesday, 15 March 2016 07:38
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SDI Solutions LLC and SDI Opco Holdings, LLC sought creditor protection in the U.S. Bankruptcy Court for the District of Delaware saying that they did not have sufficient liquidity to continue operating outside of bankruptcy. According to the Debtors, pursuing a sale transaction presents the best available option to maximize value for their estates.

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