Clover Technologies to Explore Strategic Options as Contracts Shrink

Art PostAdmin VIP

This is a little aged, however the risk is real for Clover. You can read the entire article here

(Bloomberg) -- The value of 4L Technologies Inc.’s debt plunged after the recycler of inkjets and mobile phones disclosed cutbacks by two customers and hired advisers to consider strategic options. The company, which operates under the name Clover Technologies Inc., brought in law firm Kirkland & Ellis LLP and investment bank Jefferies LLC to evaluate balance sheet alternatives and strategic op

Read more at: https://www.bloombergquint.com...-as-contracts-shrink
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7/31/191:09 PM

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