Don Morgan’s Brigade Sailaway: An Urban One Stock Shed


In a major move by one of the nation’s key hedge funds with investments in publicly traded radio companies, Brigade Capital Management‘s Cayman Islands-based leveraged capital structures fund has sold off all of its shares in the nation’s foremost media entity superserving African American consumers.

The result? Urban One’s Class A and Class D shares each experienced explosive growth in Monday’s trading on Wall Street.

Please Login to view this premium content. (Not a member? Join Today!)