N.Y. Bankruptcy Judge Confirms Cumulus Reorg Plan

0

As expected, U.S. Bankruptcy Judge Shelley Chapman has signed off on “findings of fact, conclusions of law,” and the final order that confirms Cumulus Media‘s Chapter 11 plan of reorganization.


The 148-page document, entered into the record Thursday, will put the wheels in motion on a plan that will eliminate half of the radio broadcasting company’s $2 billion in debt.

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