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Title
MUZAK FILES FOR RELIEF UNDER CHAPTER II.
Abstract
The article reports on the move of Muzak Holdings LLC to file for relief under Chapter 11 of the U.S. Bankruptcy Code on February 10, 2009. The company is headquartered in Fort Mill, South Carolina and is renowned for its development of the so-called elevator music. Muzak Holdings stated in the filing that its decision was aimed at facilitating a restructuring of its debt obligations.