Metromedia International Group, Inc. Receives Restated Proposal from Fursa Alternative Strategies LLC; Enters Into Discussions with Fursa.
Business Wire (August 07, 2007)
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Metromedia International Group, Inc. Receives Restated Proposal from Fursa Alternative Strategies LLC; Enters Into Discussions with Fursa.
CHARLOTTE, N.C. -- Metromedia International Group, Inc. (the "Company" or "Metromedia") (currently traded as: (PINK SHEETS: MTRM) - Common Stock, and (PINK SHEETS: MTRMP) - Preferred Stock) today announced that on August 6, 2007, the Company received a letter from Fursa Alternative Strategies LLC ("Fursa"), owner of 7,907,610 shares of Company common stock (approximately 7.7% of the issued and outstanding sha...
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