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Article: Muzak Files Plan of Reorganization and Disclosure Statement.
- Article from:
- PR Newswire
- Article date:
- September 10, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Plan Supported by Muzak's Largest Secured and Unsecured Creditor, the Creditors' Committee and an Ad Hoc Committee of Senior Noteholders
FORT MILL, S.C., Sept. 10 /PRNewswire/ -- Muzak Holdings LLC and certain of its subsidiaries (together, the "Company") today announced that the Company has filed a Plan of Reorganization (the "Plan") and Disclosure Statement (the "Disclosure Statement") with the United States Bankruptcy Court for the District of Delaware (the "Court"). The Plan is supported by Muzak's largest secured and unsecured creditor, Silver Point Capital Advisors L.P. ("Silver Point"), the official committee of unsecured creditors and an ad hoc ...