Digital Media Solutions files for Chapter 11 to restructure, with subsidiary ClickDealer continuing as usual and $122M in lender support backing the process.
Digital Media Solutions, Inc. (DMS), a notable provider of performance advertising solutions, has announced it is filing for voluntary Chapter 11 bankruptcy.
The company is undergoing a financial restructuring to support its operations and position itself for future growth. It aims to streamline its finances while continuing to provide services to its range of clients in the insurance, education, e-commerce, and home services sectors.
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