Bid for Cirque du Soleil dismissed as 'pure fiction' by lenders

MONTREAL (Reuters) - A stalking horse bid for Cirque du Soleil Entertainment Group was dismissed as inadequate by lenders during a Quebec court hearing into the company's restructuring on Tuesday. Canada's once high-flying Cirque received initial protection from its creditors, after the COVID-19 pandemic forced the famed circus operator to cancel shows and lay off artists. Montreal-based Cirque, which grew from a troupe of street-performers in the 1980s to a company with global reach, has ..