July 18 (Reuters) - Avenir Telecom SA AVOM.PA :
* Gives update on its reorganization plan
* Plan is well advanced and resulted in disengagement of sale store exploitations and a
significant reduction of the number of employees
* Commercial court extended observation period to January 4, 2017
* Liability of company couldn't be discharged with company activity only, extension of
observation period to be used to find operational and financial partnerships
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Further company coverage: AVOM.PA
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