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hoiles family

September 1, 2009

Freedom Communications Inc, the US media company majority owned by the Hoiles family, is expected to file for chapter 11 bankruptcy this week according to US media reports.

Freedom Communications Inc, the US media company majority owned by the Hoiles family, is expected to file for chapter 11 bankruptcy this week according to US media reports.
 
The business has reached agreements with its lenders for debt restructuring and will continue to operate under bankruptcy protection. "We are continuing to work with our lenders to address our balance sheet," a Freedom spokesman told the Wall Street Journal.
 

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