After it became known that the shares of TV Azteca fell on the Mexican Stock Exchange, after revealing that its creditors seek to force the station to declare bankruptcy, businessman Ricardo Salinas Pliego assured that he has “other information”.
Through Twitter, the founder of Grupo Salinas assured that “everything is under control.” “Calm down everyone… I have other data and everything is under control”, he read himself in the tweet. In addition to this, he explained that everything is going very well, for “it is my corrupt adversaries who are trying to stain me, because as they say, slander when it doesn’t stain blackness, but we are not the same!!!”.
How much is the loss of the television station due to the collapse of its share?
During the last seven days, TV Azteca accumulated a loss of 184 million pesos due to the collapse of its share price, according to data from the Mexican Stock Exchange, result of the financial problems you are facing.
At the opening of March 22, the price of the titles of Televisora del Ajusco registered a decline of 2.8%, after after it was revealed on Tuesday that a group of creditors in the United States requested that TV Azteca declare bankruptcy after failing to pay its financial commitments.
Bankrupt TV Azteca?
According to the Bloomberg news agency, TV Azteca’s creditors are seeking to force the firm to declare bankruptcy after it stopped paying foreign bondholders. The agency reported that holders of around 63 million unsecured dollar bonds of TV Azteca filed a petition for the company to involuntarily file for Chapter 11 in New York.
Given this, the company said that it will continue to work with strict financial discipline, with which its operation remains solid in order to continue generating content for their audiences on open television and digital media.
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