Radio giant iHeartMedia files bankruptcy plan to reduce debt — Financial Post

NEW YORK — IHeartMedia, one of the world’s largest radio and billboard companies, is seeking Chapter 11 bankruptcy protection as part of an agreement with its lenders to reduce debt. The company formerly known as Clear Channel Communications says it will operate its businesses as usual while it restructures its finances to reduce debt by…

via Radio giant iHeartMedia files bankruptcy plan to reduce debt — Financial Post

One thought on “Radio giant iHeartMedia files bankruptcy plan to reduce debt — Financial Post

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