Pinnacle Towers, Inc. (NASDAQ: BIGT), a $200 million revenue provider of wireless communications space, was planning to file for Chapter 11 bankruptcy to restructure the balance sheet.
GGG worked with Pinnacle in preparation for, and during, the pre-arranged Chapter 11 proceeding as their internal advisor to maximize returns to all parties.
The syndicate of senior lenders received a full pay out as part of the plan of reorganization that was approved by the Bankruptcy Court.
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