Similar Stories to Liberty Media Withdraws $1.16 Billion Offer For Iheartmedia Stake on Bing News

Liberty Media, the parent company of Sirius XM, has formally withdrawn its offer to acquire 40% of iHeartMedia, the bankrupt radio conglomerate, for $1.16 billion. The announcement came as iHeartMedia informed the bankruptcy court on Thursday that neither the company nor its senior creditors thought the transaction was worth pursuing.

Topics:  liberty media   sirius xm   billion   offer   iheartmedia   company   
BING NEWS:
  • Impending Challenges for iHeartMedia: An Underperform Rating with Reduced Price Objective
    Analyst Jessica Reif Ehrlich of Bank of America Securities reiterated a Sell rating on iHeartMedia (IHRT – Research Report), with a price ...
    06/3/2024 - 12:05 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Entertainment News