Avaya, a telephony company bought by private-equity firms TPG and Silver Lake in 2007 for about $8 billion, is weighing a chapter 11 bankruptcy filing to slash its $6 billion debt load.

Avaya emerges from bankruptcy as a private company, shareholders left out Unlock URL Order Reprints Gift this Article ...

Avaya Holdings Corp. won court approval Wednesday on a lender-backed chapter 11 exit plan that trims nearly $2.6 billion in debt from its balance sheet and provides new financing to continue ...

Avaya filed to restructure under Chapter 11 bankruptcy protection back in January, saying at the time that the $725 million in debtor-in-possession financing, via Citibank, would be enough to ...

Avaya finally filed for bankruptcy on Tuesday, after protracted negotiations with creditors. See why common shareholders should sell their holdings and move on.

George Miller, vice president of sales at Integration Partners, a Lexington, Mass.-based solution provider and Avaya's 2015 North American partner of the year, said he is confident Avaya will make ...

DURHAM At the start of 2023, the telecommunications firm Avaya was in a much different place than it is now. Then, it was a publicly traded company. Today, it is private. In January, it was ...