SEC Objects To Cumulus Reorganization Plan


The Securities and Exchange Commission (SEC) is a statutory party to Cumulus Media‘s Chapter 11 reorganization proceedings, underway in a New York Federal Bankruptcy Court.

As such, it has voiced its objection to Cumulus’ Disclosure Statement for its Joint Plan of Reorganization, and to the confirmation of its reorganization plan.

Meanwhile, an “amended rejected contracts list” has been filed by Cumulus with the court.

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