Cyrus Capital Extends $250M Offer To Finance ION
NEW YORK (AP) Investment firm Cyrus Capital Partners said Monday it has extended a $250 million offer to finance ION Media Networks Inc.'s exit from bankruptcy protection.
The offer, which was rejected by ION Networks' board of directors, includes $100 million more incremental capital than an earlier offer accepted by the board, Cyrus Capital said. The offer will stand until a bankruptcy court accepts or rejects it, said the firm, which disclosed it in a letter to the ION Networks' board.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
Connect with TheStreet
 |
 |
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,464.40 | 1,110.63 | 2,176.05 | 32.79 |
Oil *
77.05
|
|
UP
30.69
|
UP
4.98
|
UP
6.87
|
DOWN
0.38
|
10 Yr
3.28%
SPDR Gold
116.62
|
|
+0.29%
|
+0.45%
|
+0.32%
|
-1.15%
|
Data delayed 20 minutes |
