The deal includes a reduction of total debt and liabilities by more than $500 million and a slashing of annual cash interest ...
The Canadian Press on MSN
Corus announces recapitalization deal as it seeks relief from its debt burden
Corus Entertainment Inc. says it has signed a recapitalization deal that will see its debtholders take ownership of the company.
Corus Entertainment (OTCPK:CJREF) has been reportedly nearing a restructuring deal that will see its bondholders take control of the equity, Bloomberg News reported on Wednesday, citing informed ...
Corus Entertainment's fiscal fourth-quarter loss widened as fewer ad dollars coming in continues to drag on revenue.
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