Investors Recommended iHeart Stocks or Bonds by Financial Advisors May Have Recovery Options for Losses
Adam J. Marquardt
March 20, 2018
On March 14, 2018, radio station giant iHeartMedia, Inc. filed for Chapter 11 bankruptcy to seek protection from its debt holders. This follows a year-long negotiation with its private equity owners and investors holding more than $10 billion of iHeart’s debt. iHeart, the largest US radio station operator, has 850 stations with over 260 million
