Radio Giant Audacy Set To Exit Bankruptcy With Soros Fund Management As Largest Shareholder ...Middle East

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Radio Giant Audacy Set To Exit Bankruptcy With Soros Fund Management As Largest Shareholder
Soros Fund Management is set to become the biggest shareholder of Audacy (formerly Entercom), the radio station owner and podcast company that filed for bankruptcy in January. Audacy was pushed into Chapter 11 by the cost of financing its hefty $1.9 billion in debt. The bankruptcy was prepackaged, meaning it had already lined up support […]

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