Jan 2 (Reuters) - Broadstripe:
* Broadstripe to effect restructuring through Chapter 11 filing
* Broadstripe says certain of its existing lenders agreed to provide with up to
$15 million in debtor-in-possession financing
* Broadstripe says engaged FTI Consulting Inc as its turnaround manager
* Broadstripe says it and its affiliates filed voluntary petitions for relief
under Chapter 11
* Broadstripe LLC says named Stephen Dubé, a senior managing director of FTI,
as its chief restructuring officer
(Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Broadstripe to effect restructuring through Chapter 11 filing
* Broadstripe says certain of its existing lenders agreed to provide with up to
$15 million in debtor-in-possession financing
* Broadstripe says engaged FTI Consulting Inc as its turnaround manager
* Broadstripe says it and its affiliates filed voluntary petitions for relief
under Chapter 11
* Broadstripe LLC says named Stephen Dubé, a senior managing director of FTI,
as its chief restructuring officer
(Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.