Replies to post #254 on LodgeNet Interactive Corp.(fka LNETQ)

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LNET~~Lodgenet Interactive Corp. (MM) (NASDAQ:LNET)
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1 Month : From Dec 2012 to Jan 2013


SIOUX FALLS, S.D., Dec. 31, 2012 /PRNewswire/ -- LodgeNet Interactive Corporation (Nasdaq: LNET) ("LodgeNet" or the "Company") today announced that it has entered into a definitive agreement with a syndicate formed by an affiliate of Colony Capital (herein "Colony Syndicate"), a global investment firm with $38 billion in assets under management and a broad range of hospitality and media industry investments, pursuant to which the Colony Syndicate will provide $60 million of new capital to support a proposed recapitalization of the Company. In addition, the Company has received support from a steering committee of its lenders holding its debt for a multi-year extension of its existing $346 million secured credit facility.

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M1999 seen you were moderator on GLER. Is that stock for real or is it a scam. TIA