Fusion Transfer of Control Request Granted
The FCC Wireline Bureau granted Fusion's request for transfer of control as part of its bankruptcy reorganization, a public notice said Thursday (see 2102230053). The exercise of special warrants and issuance of new common stock in exchange will result in the voting and equity interests of Fusion's subsidiary Telecom Holdings decreasing to non-controlling levels. Fusion will be "widely held by numerous stockholders, nearly all of whom will hold non-disclosable interests," staff noted.