Maybe. I would say no more than a possible wrench in the works. As CJ Muse says, I think these kinds of moves are pretty standard. It should come as no surprise that some unsecured bondholders are not thrilled about the deal, but it sounds like it's unlikely that they will be able to hold it up.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Are the design challenges the same as with embedded systems, but with a little developer- and IT-skills added in? What do engineers need to know? Rick Merritt talks with two experts about the tools and best options for designing IoT devices in 2016. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.