Worldspace's Lenders Terminate Asset Sale Deal

M & A Navigator › June 11, 2010

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MANAVIGATOR-August 28, 2009-WorldSpace's lenders terminate asset sale deal (C)2010 M2 COMMUNICATIONS http://www.m2.com

Bankrupt US digital audio radio service (DARS) provider WorldSpace (OTCBB:WRSPQ) said on Thursday that the sale of its assets to Singapore-based Yenura Pte has been terminated by its lenders.

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Worldspace's Lenders Terminate Asset Sale Deal

The debtor in possession (DIP) le...

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