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21st Century Oncology To Restructure $1.1B Of Debt In Ch. 11

By Alex Wolf (May 25, 2017, 8:14 PM EDT) -- Facing a bloated balance sheet and difficulties attributed to lower reimbursement rates and health care regulation penalties, global cancer treatment center operator 21st Century Oncology sought Chapter 11 protection on Thursday in New York bankruptcy court to implement a prearranged plan that would chop its $1.1 billion debt in half....

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