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Cirque Du Soleil Files For Bankruptcy Protection, Lays Off 3,500 Employees by Artsjournal1

The global circus giant was struggling with an estimated $900 million in debt (much of it incurred by acquiring other companies) even before the pandemic hit and ended all ticket income. In exchange for restructuring and reducing that debt, three of the existing owners have agreed to recapitalize Cirque with $300 million, and the government […]

SOURCE: ArtsJournal at 9:24am on June 30, 2020

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