At Liberty To Make A Sweeter iHeart Offer

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There’s a particular nuance to sharing information with the public that one may not wish to have widely available, or easily accessible. Some companies release a statement after 5pm Eastern on a Friday. Others use a single wire service for getting their official announcement out to the world.


For iHeartMedia, the revelation that Liberty Media Corp. has withdrawn a February 2018 proposal for 40% equity in the bankrupt multimedia company came on Page 49 of a wordy 107-page document submitted Thursday to the Houston-based U.S. Bankruptcy Court reviewing its reorganization petition.

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