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Veritas-Backed Anthology Mulls Lender Takeover in Bankruptcy
MINT·2025-09-19 04:52

(Bloomberg) -- Anthology Inc. is laying the groundwork for a potential Chapter 11 bankruptcy that would see some secured lenders take control of the troubled education-software provider, according to people familiar with the situation.  The restructuring plan calls for an ad hoc group of lenders — led by Nexus Capital Management — to swap their debt for equity in a reorganized company, said the people, who asked not to be identified discussing a private matter. The Los Angeles-based private equity firm ha ...