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April 6, 2011

Syracuse Symphony to disband, file for bankruptcy

"The Syracuse Symphony Orchestra's board of trustees has voted to dissolve the organization and enter Chapter 7 bankruptcy in the face of debts topping $5 million.

The board says it could raise only $5 million of the $7 million needed to sustain the 77-member orchestra, which was marking its 50th anniversary when the trustees decided last week to suspend the current season because of the financial problems."

Read more here.

April 6, 2011 in Current Affairs | Permalink


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