ATLANTA, June 15 /PRNewswire/ -- Bull Run Corporation (Nasdaq: BULL) today
announced that its bank lenders have agreed to extend its waiver of all
existing events of default under Bull Run's bank credit facility from
June 15, 2001 to July 16, 2001 in order to provide adequate time for the
Company and its lenders to complete an amendment to the Company's bank credit
facility. The amendment is also expected to extend the facility's maturity
date. The Company expects to execute the amendment within the period of the
waiver.
Forward-Looking Statements
Certain statements contained herein are forward-looking statements that
are made pursuant to the safe harbor provisions of the Private Litigation
Reform Act of 1995. Wherever used, the words "expect," "plan," "anticipate,"
"believe," "may" and similar expressions are intended to identify forward-
looking statements. Forward-looking statements involve known and unknown
risks and uncertainties, which may cause the Company's actual results in
future periods or plans for future periods to differ materially from what is
currently anticipated. Those risks include, among other things, those risks
set forth in the Company's Annual Report on Form 10-K and other reports and
documents filed with the Securities and Exchange Commission. The Company has
no obligation to publicly update or revise any forward-looking statements made
herein or elsewhere, whether as a result of new information, future events or
otherwise.
SOURCE Bull Run Corporation
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Related links: http://www.bullruncorp.com
Company News On-Call: http://www.prnewswire.com/comp/232438.html or fax, 800-758-5804, ext. 232438
CONTACT: Robert S. Prather, Jr., President & Chief Executive Officer, 404-266-8333, or Frederick J. Erickson, VP-Finance and Chief Financial Officer, 704-602-3107, both of Bull Run Corporation
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