Catalina Successfully Completes Financial Restructuring and Emerges from Chapter 11
Moves Forward with Enhanced Financial Flexibility, Well Positioned for Long-Term Success Michael Bailey Joins as Chief Technology Officer
Catalina, the market leader in shopper intelligence and personalized digital media that converts shoppers into buyers, today announced that it has successfully completed its financial restructuring and emerged from Chapter 11. Through this process, Catalina has reduced its debt by 85 percent - from $1.9 billion to $276 million. The…