SBS’s Publicly Traded Shares Crash


While Spanish Broadcasting System (SBS) Chairman/CEO Raul Alarcón Jr. holds the controlling interest in the Hispanic-focused multimedia company, there is a publicly traded “stub” that is very similar to iHeartMedia‘s “stub” of shares.

While iHeartMedia has its share of troubles with lenders regarding its outstanding debt, SBS has had its fair share of financial concerns, too.

Now, shareholders may be revolting.

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