Sun 01/07/2024 08:56 AM
UPDATE 1: 8:59 a.m. ET 1/7/2024: Audacy Inc., a multi-platform audio content and entertainment company, enters chapter 11 along with numerous affiliated entities reporting $1 billion to $10 billion in assets and liabilities, according to the
petition, and the publicly traded company reported, as of Sept. 30, 2023, approximately $2.79 billion in assets and $2.66 billion in debts.
According to a
press release announcing the filing, the company enters chapter 11 with a restructuring support...
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