Wall Street Journal:

Sources: US chipmaker Wolfspeed is preparing to file for Chapter 11 bankruptcy within weeks after passing on debt-holder proposals to restructure its debt  —  The troubled semiconductor supplier is pursuing a prepackaged chapter 11 plan after it rebuffed multiple attempts by creditors to restructure its debt out of court

Wall Street Journal:

Sources: US chipmaker Wolfspeed is preparing to file for Chapter 11 bankruptcy within weeks after passing on debt-holder proposals to restructure its debt  —  The troubled semiconductor supplier is pursuing a prepackaged chapter 11 plan after it rebuffed multiple attempts by creditors to restructure its debt out of court

Source: TechMeme
Source Link: http://www.techmeme.com/250520/p52#a250520p52