Medical transcription firm M*Modal files for bankruptcy

Medical transcription company M*Modal filed for bankruptcy protection on Thursday as the firm owned by J.P. Morgan Chase & Co's private-equity arm seeks to reduce debt. M*Modal, which was taken private by One Equity Partners in a $1.1 billion all-cash deal in 2012, listed assets and liabilities in the $500 million to $1 billion range in its bankruptcy petition. As a result, there is a need to ...



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