Air America Radio Files For Bankruptcy...
Associated Press SETH SUTEL October 13, 2006 11:19 AM
Air America Radio, a liberal talk and news radio network that features the comedianAl Franken, has filed for Chapter 11 bankruptcy protection, a network official told The AP.
The network had denied rumors just a month ago that it would file for bankruptcy. On Friday, Air America spokeswoman Jaime Horn told The Associated Press that the filing became necessary only recently after negotiations with a creditor from the company's early days broke down.
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Air America Radio, a liberal talk and news radio network that features the comedianAl Franken, has filed for Chapter 11 bankruptcy protection, a network official told The AP.
The network had denied rumors just a month ago that it would file for bankruptcy. On Friday, Air America spokeswoman Jaime Horn told The Associated Press that the filing became necessary only recently after negotiations with a creditor from the company's early days broke down.
READ FULL STORY
posted by Kangaroo Brisbane Australia at 2:04 AM
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