Fusion Transfer of Control Request Granted
The FCC Wireline Bureau granted Fusion's request for transfer of control as part of its bankruptcy reorganization, a public notice said Thursday (see 2102230053). The exercise of special warrants and issuance of new common stock in exchange will result in…
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the voting and equity interests of Fusion's subsidiary Telecom Holdings decreasing to non-controlling levels. Fusion will be "widely held by numerous stockholders, nearly all of whom will hold non-disclosable interests," staff noted.