Spansion Says It's Out Of Ch. 11, With $1B Less Debt

By Ben James (May 11, 2010, 5:50 PM EDT) -- Flash memory chip maker Spansion Inc. has emerged from Chapter 11 having shed more than $1 billion in debt since taking refuge in bankruptcy court in March 2009, while an appeal of the order confirming its reorganization plan is still pending....

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