Vestron Debt Holders to Consider Live Bid:...
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From Times Staff and Wire Reports
Vestron Debt Holders to Consider Live Bid: Vestron Inc. said it will present Live Entertainment Inc.’s acquisition proposal to holders of its senior and subordinated debt. The proposal calls for Van Nuys-based Live to acquire Stamford, Conn.-based Vestron in exchange for Live securities. Vestron said an agreement would be concluded if debt holders agree to the deal.
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