Cumulus Seeks More Time For Chapter 11 Plan Of Action


Cumulus Media on Wednesday evening received an affirmative nod from the judge overseeing its Chapter 11 bankruptcy restructuring petition in response to a request for a four-month extension on its comprehensive reorganization plan.

A hearing has been scheduled for March 21 at 2pm Eastern to consider the request, with objections due to the court at 4pm Eastern on March 16.

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