OKLAHOMA CITY-Dobson Communications Corp. reported that its majority shareholder Dobson CC Limited Partnership and Bank of America N.A. have reached an agreement in principle amending and restructuring DCCLP’s loan that would allow DCCLP to maintain controlling interest in Dobson and eliminating any change of control risk arising from the restructured loan.
To allow for a definitive agreement to be reached, DCCLP said the maturity date of its loan has been extended from March 31 until April 21.
