National Enquirer Publisher To Convert $121M Debt To Equity

By David McAfee (August 20, 2014, 12:42 AM EDT) -- The owners of American Media Inc., which recently acquired all issued and outstanding shares of the National Enquirer publisher, said Monday that they would convert $121.3 million of second lien notes into common equity and that they have taken efforts to minimize the fallout from the bankruptcy of distribution partner Source Interlink Cos....

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