June 29 (Reuters) - CIRQUE DU SOLEIL ENTERTAINMENT GROUP:
* CIRQUE DU SOLEIL ENTERTAINMENT GROUP ANNOUNCES COMPREHENSIVE PLAN TO RESTART BUSINESS
* CIRQUE DU SOLEIL ENTERTAINMENT GROUP - FILES TO RESTRUCTURE UNDER COMPANIES' CREDITORS ARRANGEMENT ACT
* CIRQUE DU SOLEIL ENTERTAINMENT GROUP - ENTERS INTO A "STALKING HORSE" PURCHASE AGREEMENT WITH EXISTING SHAREHOLDERS AND INVESTISSEMENT QUÉBEC
* CIRQUE DU SOLEIL ENTERTAINMENT - UNDER PURCHASE AGREEMENT SPONSORS WOULD ESTABLISH 2 FUNDS TOTALING US$20 MILLION
* CIRQUE DU SOLEIL ENTERTAINMENT GROUP - US$20 MILLION TO PROVIDE ADDITIONAL RELIEF TO IMPACTED EMPLOYEES AND INDEPENDENT CONTRACTORS
* CIRQUE DU SOLEIL ENTERTAINMENT - UNDER TERMS OF PROPOSED PURCHASE AGREEMENT, SPONSORS TO INJECT US$300 MILLION OF LIQUIDITY INTO RESTRUCTURED BUSINESS
* CIRQUE DU SOLEIL ENTERTAINMENT- AS PART OF US$300 MILLION, INVESTISSEMENT QUÉBEC TO PROVIDE US$200 MILLION IN DEBT FINANCING TO SUPPORT PROPOSED ACQUISITION
* CIRQUE DU SOLEIL - ANNOUNCED TERMINATION OF EMPLOYMENT OF ABOUT 3,480 EMPLOYEES PREVIOUSLY FURLOUGHED IN MARCH
* CIRQUE DU SOLEIL ENTERTAINMENT- AGREEMENT PROVIDES CO'S SECURED CREDITORS WITH US$50 MILLION OF UNSECURED, TAKEBACK DEBT, 45% EQUITY STAKE IN RESTRUCTURED CO
* CIRQUE DU SOLEIL ENTERTAINMENT- AGREEMENT ALSO PROVIDES CO'S SECURED CREDITORS REPAYMENT OF INTERIM LOAN MADE BY SOME FIRST LIEN LENDERS OF US$50 MILLION
* CIRQUE DU SOLEIL - RESIDENT SHOWS IN LAS VEGAS AND ORLANDO ARE EXPECTED TO RESUME BEFORE REST OF CO'S SHOWS
* CIRQUE DU SOLEIL ENTERTAINMENT GROUP - UNDER PURCHASE AGREEMENT SPONSORS TO BUY ALL OF CO'S ASSETS, FOR A COMBINATION OF CASH, DEBT & EQUITY