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Westwood One, Inc. Message Board

  • jrcg@ymail.com jrcg Nov 21, 2012 6:58 AM Flag

    Heres why inst hldrs are not dumping as expected "Separate comprehensive amendment to our Credit Facilities to better position the Company"

    The discussions with our lenders to date have contemplated a separate comprehensive amendment to our Credit Facilities to better position the Company to achieve compliance with the terms of its Credit Agreements in the future, and the waiver is intended to provide the parties further opportunity to continue these negotiations

    Sentiment: Buy

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