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01/28/2013 02:02:42 PM EST

LodgeNet Checks Into Bankruptcy With Official Ch. 11 Filing

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Law360: Bankruptcy

LodgeNet Interactive Corp. on Sunday officially entered Chapter 11 bankruptcy after securing a $60 million financing deal allowing private equity firm Colony Capital LLC to take over the hotel entertainment provider's operations, following years of financial difficulties and an unsuccessful attempt to right itself in 2012. Read More...