Thursday, July 16, 2015

N.Y. City Opera Drops Plan to Sell Name and Assets - The Chronicle of Philanthropy

N.Y. City Opera Drops Plan to Sell Name and Assets - The Chronicle of Philanthropy: "he New York City Opera has abandoned plans to sell its name and other assets after months of legal squabbling between rival bidders seeking to revive the moribund company, writes The Wall Street Journal. The opera's board is instead weighing whether to restructure through the bankruptcy process begun when the organization filed for Chapter 11 protection in 2013."



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