Bankrupt LodgeNet enters pact with DIRECTV to install systems

01/28/2013 | Bloomberg Businessweek · Reuters

DIRECTV will take on a greater role as a strategic operating partner of LodgeNet Interactive under a bankruptcy plan filed by the company, which provides on-demand content to the hospitality industry. Under the plan, private-equity firm Colony Capital will take full control of the reorganized entity, and DIRECTV will subsidize the cost of installing the LodgeNet systems in hotels and hospitals.

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Bloomberg Businessweek · Reuters

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