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GO Cedar Rapids to shut after Newbo Evolve debt crisis
GO Cedar Rapids will fold after a summer festival debt burden surpassing 2 million dollars. Interim CEO Jim Haddad cited debt as the obstacle to solvency and said nine staffers will be paid through their final day as the board approves ceasing operations.
MENTIONED IN THIS ARTICLE
Newbo
Cedar Rapids
GO Cedar Rapids Tourism Organization
Jim Haddad
Haddad
Yellowbook USA
Kelly Clarkson
Maroon 5
Organiza
Tion
GO Cedar Rapids