Ion Settles with Debt Holders

May 26, 2009  •  Post A Comment

Ion Television, the broadcaster that filed for Chapter 11 protection, has made agreements with its biggest debt holders, Daily Variety reports. The terms call for the company to “extinguish all of its indebtedness” by swapping the debt for equity in the company, the trade paper says.
—Aimee Picchi

One Comment

  1. Dear Nevada, Please be sure to stop Sharron Angle … the woman’s words appear as a good example of incoherent bigotry.

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