Sankaty Advisors to recapitalize Cherry Creek Radio

By on Jul, 21 2014 with Comments 0

Cherry-CreekCherry Creek Radio, which O&Os 60 stations in small and mid-sized markets in the western US, announced it has agreed with certain funds advised by Sankaty Advisors, LLC to restructure the company and its balance sheet. Sankaty Advisors is the independently-managed credit affiliate of Bain Capital, LLC.


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About The Author: Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.

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