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LEGH News7 articles
New Fortress Restructuring Slashes Debt to $700M, Dilutes Legacy Holders
New Fortress Energy completed a restructuring that cuts corporate debt to ~$700M, but legacy shareholders could see their stake diluted below 4.6% if preferred shares convert.
Werewolf Therapeutics Stock Doubles on Ambros Merger; Legacy Holders Get 6.8%
Werewolf Therapeutics shares doubled after announcing a merger with Ambros Therapeutics. Existing shareholders will hold only 6.8% of the combined entity, with a $150 million PIPE funding the lead drug program.
T-Mobile Faces Churn Risk as Legacy Plan Migration Begins
T-Mobile begins migrating legacy users to new plans, with churn rates a key focus ahead of earnings. Price hikes could boost annual billings by $720 million.
Two US Retailers File Chapter 11 as Legacy Lease and Debt Costs Hit $9.3M
Sneaker City Albany and Hardee's franchisee Superior Star filed Chapter 11 within a day, facing $9.31 million in mall guarantees and seller-finance debt.
AT&T Shares Stabilize After CFO Change and FCC Review of Legacy Voice Services
AT&T shares steadied at $22.44 after a 3.1% drop, with investors weighing CFO changes and FCC review of legacy voice service discontinuation.
LexisNexis Investigates Legacy Data Breach as RELX Continues Share Buyback
LexisNexis Legal & Professional, a RELX subsidiary, is addressing a security breach affecting legacy servers containing pre-2020 data. Concurrently, RELX has repurchased 500,000 shares as part of its ongoing buyback program.
Microsoft to Halt New Legacy Printer Driver Updates for Windows 11 in 2026
Microsoft will cease publishing new third-party V3/V4 printer drivers to Windows Update for Windows 11 and Windows Server 2025+ starting January 15, 2026, as part of a shift to a modern print platform.