What Does iHeart Decision Mean?

By on May, 25 2016 with Comments 0

CourthouseA Texas judge has ruled iHeartMedia was not in the wrong when the company moved move more than 100,000,000 shares of stock from one subsidiary to another in order to pay down debt. What are the implications of the verdict?

We asked financial experts.

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About The Author: Leslie Stimson has been a reporter for 35+ years, starting in radio news. She’s spent the last 20 years reporting for radio trades.

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