In addition, it would assume Multimedia's debt of less than $600 million.
The rest was assumed debt and capital provided by other partners.
The group expects to assume the company's debt, which amounts to about $1.4 billion.
The company will also assume debt of $560 million.
The deal also requires them to assume debt of about $10 million to banks and suppliers.
Alltel would also assume 360's debt of about $1.8 billion.
In addition, it would assume New World's $125 million debt.
He said he would also assume Harper's $40 million debt.
Warner also agreed to assume Lorimar's debt of about $550 million.
How could lenders prey on people who had no business assuming debt that they obviously couldn't handle?
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