Muzak Ch. 11 Plan Seeks To Slash Debt To $230M
Muzak and its subsidiaries filed the plan and disclosure statement in the U.S. Bankruptcy Court for the District of Delaware on Wednesday.
The company's annual interest expense would be significantly reduced under the plan as well, Muzak said Thursday.
The plan is supported by an overwhelming majority of the company's unsecured...
To view the full article, register now.