restructuring

Jun 8, 2022

Gannett restructuring into two units

McLean-based Gannett Co. Inc. is restructuring to create two new U.S. business units, the nation’s largest newspaper publisher announced last week. The units will be Gannett Media and Digital Marketing Solutions (DMS). Maribel Perez Wadsworth, based in McLean, will lead Gannett Media, while Kris Barton, based in the Los Angeles area, will lead DMS. “This […]

Feb 28, 2022

McLean satellite operator emerges from bankruptcy

McLean-based satellite operator Intelsat Corp. announced on Feb. 23 that it has emerged from its financial restructuring process nearly two years after filing for Chapter 11 bankruptcy. The company’s debt has been reduced from nearly $16 billion to $7 billion, according to a news release. Intelsat obtained $6.7 billion in new financing. The company has […]

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