Mid-America Sound Corporation, which constructed the stage that collapsed before an Aug. 13, 2011, concert killing seven people and injuring dozens more, said that minimum participation requirements specified by the state were not met by Wednesday's deadline.
"The state's proposal required a sufficient ratio of claimants from the largest claims categories to accept the settlement in order for it to become effective," Myra Borshoff Cook, spokeswoman for Mid-America Sound, said in a statement . . .
"Mid-America Sound Corporation is hopeful that future efforts seeking to resolve the claims associated with the tragic events of Aug. 13, 2011, are successful to bring full and satisfactory resolution to the claims now pending," Borshoff Cook said.
The attorney general's office had not returned calls for comment Thursday.