Internet Startup Starry Emerges From Bankruptcy With New Growth and Profit Goals

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Starry Group Holdings Inc., the Boston-based wireless broadband provider, is emerging from bankruptcy with a new leader who has a more sober view on growth and a rediscovered bias toward reaching profitability.

The company filed for Chapter 11 protection in February and has restructured as a closely held venture, according to a statement Thursday. The board will include co-founders Alex Moulle-Berteaux and Chet Kanojia.