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Monitronics International Inc. has successfully emerged from Chapter 11 protection and has merged with Ascent Capital Group Inc., marking the completion of the company’s financial recapitalization.
Ascent Capital Group Inc. announced that its wholly owned subsidiary, Monitronics International Inc., entered into a restructuring support agreement with its largest creditors that will eliminate approximately $885 million in debt. Monitronics operates in the market as Brinks Home Security and is ranked as No. 3 on the 2019 SDM 100.
