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Festival Promoter SFX Abandons Ch. 11 Restructuring Pact

By Jonathan Randles (June 20, 2016, 4:00 PM EDT) -- Music festival promoter SFX Entertainment's path out of Chapter 11 has been thrown into question after the company announced Friday that it has abandoned the restructuring pact it came to Delaware bankruptcy court with earlier this year looking to slash $300 million in debt....

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