American Tower (NYSE:AMT) is working to recover about $97M from TV Azteca, claiming the broadcaster defaulted on a loan, Reuters reports.
AMT's MATC Infraestructura unit has filed suit in New York state court.
When MATC inquired about a missed payment, it says, TV Azteca parent Grupo Salinas said the broadcaster probably would not be able to pay anytime soon.
READ FULL ARTICLE HERE