Bankrupt Teligent Announces Opening Bids Totaling $64m For Its Assets

Includes Key US Manufacturing Facility And Canadian Assets; Teligent Seeks Auction

 
• By Dean Rudge

Opening bids totaling $64m have been submitted for bankrupt Teligent’s assets across the US and Canada, weeks after the injectables specialist entered Chapter 11 bankruptcy proceedings.

Bankruptcy Closeup Concept. American Dollars Cash Money,3D rendering. Bankruptcy at Dollar Banknote. Financial USA money banknote Commercial money investment profit concept - Illustration
Teligent had slipped into negative equity • Source: Shutterstock

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