04.11.2015 15:55 Uhr, Quelle: MacNN

GT Advanced, Apple agreement could settle $439M debt

GT Advanced has made an agreement with Apple over a proposed settlement for how the company will pay off its $439 million debt. The settlement will potentially allow the sapphire glass producer to free itself from the massive debt, by holding an auction later this month and selling off its sapphire glass production equipment, among other items going up for sale.

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