Ascent Capital Group and Monitronics International Announce Restructuring Support Agreement

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May 21, 2019
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ENGLEWOOD, Colo., May 21, 2019 (GLOBE NEWSWIRE) -- Ascent Capital Group, Inc. (“Ascent”) (NASDAQ: ASCMA) today announced that its wholly owned subsidiary Monitronics International, Inc. (“Monitronics” or “the Company”) has entered into a Restructuring Support Agreement (the “Support Agreement”) with its largest creditors that will eliminate approximately $885 million in debt.