Muzak Files For Bankruptcy

limegrass69

Confused
Oct 12, 2008
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New York
I know that this possibility has been mentioned in the Sirius XM/Dish Network threads, but Muzak has finally filed for Chapter 11 Bankruptcy. Muzak was founded in the 1930s. It seems like they have a big bond payment $220 million due soon, and no cash to pay. The company said that it is committed to restructuring itself.