Isn’t this the outfit sold by Al Gore to the oil-rich Arabs for over ONE BILLION DOLLARS..?
Maybe this bankruptcy was PLANNED and it was a stealthy BRIBE?
Just being paranoid, here...
I think this was originally Al Gore’s “Real TV”...?
Al Gore has a lot of faults, but he isn’t stupid.
Al Jazeera bought Current TV in January of 2013 for close to $500 million...
But in court papers filed in Delaware Court of Chancery, lawyers for Messrs Gore and Hyatt alleged that Al Jazeeera attempted to “seize” $65 million in escrow funds relating to the sale. Approximately $85 million of the purchase price was placed in escrow according to the original sale agreement, and the escrow period ended on July 2, 2014, according to court papers....
http://www.wsj.com/articles/al-gore-sues-al-jazeera-america-over-current-tv-sale-1408125073