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Lenders Terminate Sale of Satellite Radio Firm WorldSpace

Authored by Mark Hefflinger on August 31, 2009 - 8:15am.
Silver Spring, Md. - Lenders have nixed plans for satellite radio firm WorldSpace to sell its assets to Yenura, a Singapore-based firm headed by WorldSpace founder and CEO Noah Samara.
tags: Deals | Radio | Acquisitions | WorldSpace | Bankruptcies | Yenura |

Worldspace Founder to Buy Assets of Bankrupt Company

Authored by Mark Hefflinger on March 23, 2009 - 9:50am.
Silver Spring, Md. - Five months after initially filing for Chapter 11 bankruptcy, satellite radio provider Worldspace said that a bankruptcy court has approved the sale of all of its assets to CEO Noah Samara.
tags: Deals | Acquisitions | WorldSpace Satellite Radio | Yenura |