Musical Chairs
The music stopped... Let the music continue. January 28, 2013 was when the music stopped for LodgeNet Interactive, at least as we knew the firm. That was when LodgeNet declared bankruptcy, with a plan for re-capitalization under new ownership, Colony Capital, in place. The stockholders lost all of their equity, but the stock was priced for that, having traded at less than five cents per share since December 31. Major shareholders that bore the brunt of the bankruptcy filin
