News and Announcements
Settlement of Litigation and Debt Reduction
- Published May 18, 2012 2:49AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Settlement of Litigation (“Sprint”) (ASX Code: SPS) is pleased to advise that it has successfully renegotiated the terms outstanding legal claims. The value of these has been reduced by over A$1 million, thereby significantly improving the financial position and outlook of the Company. Below is a summary of the agreements reached to settle the claims.
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