Investors Seek Del. Revival Of iHeartMedia Debt Challenge
By Jeff Montgomery ( October 11, 2017, 8:02 PM EDT) -- Investors in a subsidiary of debt-burdened iHeartMedia Inc. told Delaware's Supreme Court Wednesday that the Chancery Court had erred when it dismissed their challenges to using the unit as a cash cow to help out the parent company on the grounds the issue had already been decided....
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