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A Lenders’ Bid is said to be accepted by Cirque du Soleil

Cirque du Soleil Entertainment Group has restructured under Canadian protection, and has accepted a recapitalization offer from lenders.

The ad hoc committee of creditors, presented a “credit bid” in order to restart the how they would need to inject at least $300 million of new capital into the live-performance company.

Read more HERE

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