GT Advanced settlement with Apple will remain intact even with document unsealing

 

 

 

 

 

 

 

 

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Nov 6, 2014, 6:19am MST Staff Phoenix Business Journal

Terms of a settlement between bankrupt sapphire glass supplier GT Advanced Technologies and tech giant Apple Inc. will remain intact following a bankruptcy court judge’s decision to unseal documents both companies previously wanted to remain confidential.

Bloomberg reports Judge Henry Boroffordered the documents unsealed this week, at which time both Apple (Nasdaq: AAPL) and GTAT (OTC: GTAT) announced they had revised the terms of their settlement to make sealing of the documents unnecessary.


See also:

Here’s why Apple supplier GT Advanced declared bankruptcy

 

 

 

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