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Digital Domain (DDMG) files for bankruptcy protection after last week defaulting on debt...

Sep. 11, 2012 5:58 AM ETDigital Domain Media Group, Inc. (DDMG) StockDDMGBy: Yigal Grayeff, SA News Editor
Digital Domain (DDMG) files for bankruptcy protection after last week defaulting on debt repayments of $35M in senior notes, and the resignation of Chairman and CEO John Textor. The company, whose founders include James Cameron and which produced the special effects for "Titanic," has total debt of $214.M and assets of $205M.

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Digital Domain Media Group, Inc.