Net News search results for: oaktree capital
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October 25, 2010
Tribune Files Reorganization Plan
As expected, TRIBUNE CO. filed a new reorganization plan to emerge from Chapter 11 bankruptcy FRIDAY, with several creditors joining the company in filing the proposal, including the Official Committee of Unsecured Creditors, JP MORGAN CHASE, OAKTREE … more »
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October 22, 2010
Report: Former Fox Exec Peter Chernin Considered For Tribune Chairman
As TRIBUNE prepares to file its reorganization plan proposal with U.S. Bankruptcy Court in DELAWARE TODAY (10/22), the WALL STREET JOURNAL is reporting that creditors are considering bringing in former NEWS CORP. executive PETER CHERNIN as Chairman of … more »
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October 12, 2010
Tribune Gets OK On Expanded Reorganization Deal
The TRIBUNE COMPANY had announced an expanded agreement with its Official Committee of Unsecured Creditors, OAKTREE CAPITAL MANAGEMENT, L.P., ANGELO, GORDON & CO, L.P., and JP MORGAN CHASE BANK, N.A. on its reorganization. This new deal expands upon … more »
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September 28, 2010
Mediator Endorses Tribune Settlement
The TRIBUNE COMPANY has reached agreement with OAKTREE CAPITAL MANAGEMENT, L.P. and ANGELO, GORDON & CO, L.P. on a plan of reorganization that will settle claims surrounding "Step 1" of the company's 2007 going-private transaction. The … more »
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September 20, 2010
Two Creditors File Own Tribune Reorganization Plan
Two creditors of TRIBUNE CO. filed their own reorganization plan FRIDAY (9/17). OAKTREE CAPITAL MANAGEMENT L.P. and ANGELO GORDON AND CO. filed the plan as a contingency if mediation scheduled for before the end of the month fails to produce a … more »
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August 13, 2010
Townsquare Closes On Gap, Gap West Acquisition
TOWNSQUARE MEDIA, LLC has closed on its acquisition of the GAP BROADCASTING and GAP WEST BROADCASTING stations. The merger into the company's new parent operation adds 111 stations in 23 markets to TOWNSQUARE's 60 stations, formerly REGENT … more »
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May 3, 2010
Regent Now Townsquare, Stakelin And Vasconcellos Exit
REGENT COMMUNICATIONS, which emerged from bankruptcy last week (NET NEWS 4/27), has changed its name to TOWNSQUARE MEDIA and has replaced CEO BILL STAKELIN and EVP ANTHONY VASCONCELLOS, who have resigned from the company. FIVEWIRE VENTURES … more »
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April 12, 2010
Tribune Files Reorganization Plan...
In the face of dissention from senior creditors, TRIBUNE COMPANY went ahead and filed with the UNITED STATES BANKRUPTCY COURT for the District of DELAWARE, a Plan of Reorganization to "keep the company intact, sharply reduce its debt, and provide it … more »
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March 1, 2010
Regent Announces Restructuring Agreement
REGENT COMMUNICATIONS has reached an agreement in principal with its lenders for a consensual financial restructuring that will reduce the Company's debt. The restructuring will result in the elimination of approximately $87 million of the Company's … more »
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June 16, 2009
Archstream Management Services Formed
An investor group consisting of funds managed by OAKTREE CAPITAL MANAGEMENT, L.P. and other co-investors has formed a comprehensive management services platform for the radio industry. The new company, ARCHSTREAM MEDIA, seeks to create value for station … more »