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Investors have a plan to save iHeart from bankruptcy

Several lenders to the Bob Pittman-run iHeartMedia have split from Franklin Advisers, the media company’s largest creditor, and are close to reaching a restructuring plan with iHeart that would keep America’s biggest radio station owner out of bankruptcy, The Post has learned. However, the lenders, led by Symphony Asset Management, will not sign the deal...

FUENTE:

http://nypost.com/2017/07/17/investors-have-a-plan-to-save-iheart-from-bankruptcy/