Judge Signs Off on Cumulus Restructuring
The waiting game is over, and now the real work begins. A federal bankruptcy judge has approved Cumulus Media’s plan to restructure its finances, clearing a major hurdle for one…
Cumulus Nears Bankruptcy Exit After Creditor Support
Cumulus Media moved closer to exiting Chapter 11 protection after creditors overwhelmingly approved its prepackaged reorganization plan, according to filings in the U.S. Bankruptcy Court for the Southern District of…