Voyager Receives Overwhelming Support for Asset Sale to Binance US
According to reports, Voyager\’s lawyer said that up to now, 97% of the votes have supported Voyager\’s plan to sell assets to Binance. US, and the voting proces…
According to reports, Voyager’s lawyer said that up to now, 97% of the votes have supported Voyager’s plan to sell assets to Binance. US, and the voting process has only a few hours left. Michael Wiles, the bankruptcy judge in charge of the case, said that the plan would be confirmed on March 2.
Voyager lawyer said that 97% of creditors had voted to sell Voyager to Binance.US
Interpret the above information:
The news of Voyager’s plan to sell assets to Binance US has been buzzing in the financial world. After the announcement, there has been anticipation on whether the proposal would get the required support from the associated parties. According to reports, the wait is now over because Voyager has reportedly received overwhelming support for the asset sale. Voyager’s lawyer, in a statement, revealed that an impressive 97% of the votes have supported their plan to sell shares to Binance US.
With the voting process coming to completion in just a few hours, it is evident that Voyager’s plan has gained substantial traction among its stakeholders. The news is especially significant for Voyager, which is currently fighting bankruptcy. If the deal with Binance US is successful, Voyager may stand a better chance of keeping the lights on and receiving assistance to pay off its debts.
The plan got an additional boost when Michael Wiles, the bankruptcy judge in charge of the case, announced that he would confirm the plan on March 2. Confirmation of the proposal would be an excellent result for Voyager and Binance US, as it would set the path for a successful acquisition.
The decision to sell shares to Binance US aligns with Voyager’s efforts to streamline its operations and generate revenue to pay off its debts. Binance US, on the other hand, would benefit from the deal by expanding its services through Voyager’s extensive user base.
The overwhelming support that Voyager received is likely due to the firm’s transparency and excellent customer service. Voyager’s management has been diligent in keeping its clients informed of developments and has been responsive to inquiries. This open approach has garnered the trust and loyalty of its clients, who are now willing to back its plan.
In conclusion, Voyager has received impressive support for the asset sale to Binance US, which is a significant milestone in the company’s plan to get back on track. Michael Wiles’ announcement sets a timeline that gives the parties involved ample time to close the deal, and this is good news for both Voyager and Binance US.
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