Ascent Creditors Say $75M Note Exchange Plan Is Dangerous
By Vince Sullivan ( December 5, 2018, 9:25 PM EST) -- The sole creditors of Ascent Capital Group Inc. asked a Delaware Chancery Court judge Wednesday for an injunction that will stop a proposed $75 million debt exchange transaction with an insolvent subsidiary the creditors say will put the company in danger of becoming insolvent itself....
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