TITLE

Germany's Edel Music Shakes Off Debt Burden

AUTHOR(S)
Spahr, Wolfgang
PUB. DATE
March 2002
SOURCE
Billboard;3/9/2002, Vol. 114 Issue 10, p43
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the ways that Germany's Edel Music AG has freed itself from its debt burden. The combination of selling off and closing down subsidiaries; Drastic cost-cutting; Negotiation of bank debt; Restructuring of subsidiaries; Comments from Michael Haentjes, chairman and chief executive officer (CEO) of Edel.
ACCESSION #
6282693

 

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