Dex One Corp. (DEXO) and SuperMedia Inc. (SPMD) announced that each company has received the requisite shareholder approval for the proposed merger. The companies have voluntarily filed for Chapter 11 in the United States Bankruptcy Court to implement "pre-packaged" Plans of Reorganization.
The companies intend to work with their respective exchanges to remain listed during the restructuring. Subject to Court approval of the plans, the companies believe their merger will be completed within 45 to 60 days.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.