Monday, February 1, 2016

Why Mario Gabelli Doesn't Love iHeart Media's Debt Antics

... provide capital to the issuer's parent, iHeart Radio , to the detriment of the issuer's shareholders," Gamco stated. The Rye, N.Y., firm noted that iHeartRadio owes close to $1 billion to Clear Channel Outdoor, and raised the prospect of "an ...
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