iHeart, Cumulus bankruptcies cloud radio-industry future - Indianapo...

04/06/18


Indianapolis Business Journal

iHeart, Cumulus bankruptcies cloud radio-industry future
Indianapolis Business Journal
“This isn't a liquidation; it's not a Chapter 7 bankruptcy,” Unmacht said. “It's not even a typical Chapter 11. Look at these bankruptcies. Neither iHeart nor Cumulus sought bankruptcy financing. Neither need that because there's no shortage of cash ...

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