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Big Apple Circus files for bankruptcy protection, seeks sale

Big Apple Circus files for bankruptcy protection, seeks sale | iNFOnews.ca
FILE - In this Dec. 1, 2005 file photo, Richard Olate of Chile runs around the ring followed by one of his trained dogs in the Big Apple Circus at New York's Lincoln Center. The artsy, one-ring Big Apple Circus is filing for bankruptcy protection after four decades of entertaining the world. Circus officials say the troupe, which set up each year at Manhattan's Lincoln Center for the Performing Arts, has run out of money. (AP Photo/Kathy Willens, File)

NEW YORK – The artsy, one-ring Big Apple Circus is filing for bankruptcy protection after four decades of entertaining the world.

Circus officials say the troupe, which set up each year at Manhattan’s Lincoln Center for the Performing Arts, has run out of money.

In its Chapter 11 filing, the circus says its debts amount to $8.3 million, against assets of $3.8 million.

In July, Big Apple cancelled its 2016-2017 season. However, the company is still seeking financial support or someone interested in buying the circus.

At its peak, Big Apple staged more than 300 shows. It also ran programs for blind, deaf and autistic children that are expected to keep operating with non-profit funds.

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