TV Stations Files for Bankruptcy
Posted on Oct 22, 2011 7:10pm PDT
Four Roberts Broadcasting TV stations have reportedly filed for bankruptcy. According to reports, the stations filed after they failed to pay licensing fees. The four stations are reportedly seeking to create a reorganization plan within the next six months. With the
Chapter 11 filing, the businesses reportedly listed debts in excess of $3 million and assets more than $800,000.
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