WSJ - Dec 16 - A federal judge has cleared FriendFinder Networks to leave bankruptcy as a private company with much less debt. The plan allows a group of lenders who are owed $330.8M to forgive that debt and take 100% of the reorganized company's new common stock.
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FriendFinder Cleared To Exit Bankruptcy
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Nice outcome
Posted by: Ronald | Jan 04, 2014 at 08:46 AM