Cumulus Media Gets OK For $592M Debt-Swap Ch. 11 Plan
By Rick Archer · April 15, 2026, 5:19 PM EDT
A Texas bankruptcy judge Wednesday approved radio giant Cumulus Media's $592 million debt-for-equity Chapter 11 plan, overruling arguments from the U.S. Trustee's Office that the plan's third-party claims releases were nonconsensual....
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