Contec Gets Nod For Ch. 11 Plan That Cuts Debt By 85%

By Lance Duroni (October 4, 2012, 3:46 PM EDT) -- Contec Holdings Ltd., a broadband equipment repair company controlled by Bain Capital Partners LLC, received a Delaware bankruptcy judge's blessing Thursday for a reorganization plan that will slash its $350 million of long-term debt by 85 percent....

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