Dex Media’s Prepackaged Plan of Reorganization Confirmed
Dex Media | July 15, 2016
Dex Media, Inc. (OTC PINK: DXMM) (or “Dex Media”), one of the largest national providers of local marketing solutions for local businesses, today announced that its prepackaged plan of reorganization (“the Plan”) was confirmed today by the U.S. Bankruptcy Court in the District of Delaware (the “Court”). This represents the final legal step before Dex Media can emerge from Chapter 11 within the next few weeks with $1.8 billion less total debt and significantly increased financial flexibility.