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IHeart, Clear Channel Seek Toss Of Class 'Piggy Bank' Suit

By Jeff Montgomery (September 12, 2016, 11:09 PM EDT) -- Clear Channel Outdoor Holdings Inc. and corporate parent iHeartMedia Inc. accused investors Monday of launching an unsupportable class challenge in Delaware Chancery Court to an earlier case that settled class objections over use of Clear Channel as a cash and loan "piggy bank" to prop up iHeart's business....

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