It’s the chatter of the radio broadcasting industry — Jeff Warshaw has formed a yet-to-be detailed consortium and has submitted an unsolicited bid to purchase Cumulus Media and take it private.
While Warshaw has declined to respond to RBR+TVBR‘s request for comment, Cumulus is moving forward with a firm date for the release of its first quarter 2022 results — a call surely to get the attention of many on Wall Street.