Invacare Corp. has emerged from Chapter 11 bankruptcy with a revamped board of directors and capital to invest in future growth. The Elyria-based maker and distributor of wheelchairs and other medical ...
Before it was the target of a federal consent decree, before it posted repeated financial losses and before its stock tanked to less than $1, Invacare Corp. was a powerhouse in its highly regulated ...
Invacare Corp. IVC said Wednesday it and two of its U.S.-based subsidiaries have filed for bankruptcy, as it implements a refinancing aimed at reducing net debt by about 65%. The stock is currently ...
ELYRIA, Ohio - Invacare Corp. and two of its U.S. subsidiaries have filed for Chapter 11 bankruptcy protection in Texas. The Elyria, Ohio-based medical equipment maker and distributor already has ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The Elyria, Ohio-based medical ...
It includes its term loan lender, all holders of convertible senior secured notes, and holders of most convertible senior unsecured notes. The RSA transactions include a reduction of Invacare’s funded ...
DHG is a global medical device company Rhône will hold a majority stake in the combined business Archimed, DHG’s previous backer, will retain a minority stake Rhône has entered exclusive discussions ...
A troubled roll out of a new Oracle Corp. ERP system led medical products maker Invacare Corp. to warn Wednesday of an expected $30 million revenue shortfall during its ongoing fourth quarter.
Problems rolling out a set of Oracle Corp. ERP applications has hit Invacare Corp. hard on the bottom line, costing the company some $30 million in lost business and cost overruns. The Elyria, ...
ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) announced today that its Board of Directors has named Geoffrey P. Purtill as President and Chief Executive Officer, roles that he has ...
Paul Schulte, a member of the U.S. wheelchair basketball team, knows his team’s equipment uniquely well, working as a mechanical engineer for the chairs’ manufacturer. By Alan Schwarz Invacare Corp ...
CLEVELAND, Ohio – Aaron Malachi Mixon III, the can-do entrepreneur who turned Elyria’s Invacare Corp. into a multibillion-dollar maker of home health care equipment died Monday. The longtime chairman ...
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