Posts Tagged ‘ Fortress Investment Group ’

Media: GateHouse default likely, analyst says

July 30, 2008
By Billy Dennis

From Editor & Publisher: GateHouse Media is likely to default under its credit agreement unless it can negotiate an amendment to its covenants or get a cash injection from its largest stakeholder, Moody’s Investor Service says in a report downgrading the community newspaper publisher’s credit and probability of default ratings. and GateHouse could bump up against loan...
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