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Natural gas traders bet glut goes on

Published December 31, 2012 4:16 pm

This is an archived article that was published on sltrib.com in 2012, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Restructuring • LodgeNet Investment said it is filing for Chapter 11 and will be acquired by investment firm Colony Capital. LodgeNet provides video, Internet and advertising services to the lodging and health care sectors. The company said it will continue to operate during the reorganization. A Colony Capital affiliate will provide it with $60 million in new capital.