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Glucose Monitoring Co. LifeScan Hits Ch. 11 With $1.7B Debt

By Alex Wittenberg ( July 16, 2025, 3:57 PM EDT) -- LifeScan Global Corp., a company that makes blood glucose monitoring devices, has filed for Chapter 11 protection in Texas bankruptcy court with $1.7 billion of debt and a plan supported by its private equity backer to trim more than 75% of debt by handing the business to existing lenders....

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