Soros-backed group gets OK to acquire licenses for Audacy stations
WEB2 days ago · Audacy Inc., the bankrupt radio broadcaster, won regulatory approval for the transfer of its licenses to a nonprofit funded by billionaire George Soros, paving the way for the company, which owns ...
George Soros-Backed Group Wins FCC Approval for Audacy Radio …
WEB2 days ago · Audacy Inc., the bankrupt radio broadcaster, won regulatory approval for the transfer of its licenses to a nonprofit funded by billionaire George Soros, paving the way for the company to emerge ...
WEEI's bankrupt owner Audacy gets FCC approval to transfer …
WEB3 days ago · PUBLISHED: September 30, 2024 at 7:31 p.m. Facing major pushback, the FCC has given the greenlight for WEEI’s owner Audacy to transfer its licenses to a George Soros-backed nonprofit, as the ...
Audacy will head to bankruptcy court after months of delays …
WEB2 days ago · Audacy will head to bankruptcy court after the FCC agreed to conduct a foreign-ownership review with a new, post-bankruptcy version of the radio giant, a move that comes after months of delays ...
Audacy going private after bankruptcy emergence, FCC approval
WEB1 day ago · It also has new owners, including one with connections to Hungarian-born billionaire philanthropist and major Democratic donor George Soros, which drew ire from conservative pundits throughout the restructuring process. The billionaire’s Soros Fund Management previously acquired about $415 million worth of Audacy’s debt.
FCC Approves Plan That Allows Audacy to Exit Bankruptcy
WEB2 days ago · Philadelphia-based Audacy sheds about 80% of its debt through the process, down to $350 million, according to bankruptcy court filings. Soros Fund Management will command at least 40% of the stock in the new Audacy, according to the company. The fund is directed by Alex Soros, son of George Soros, the …
House Oversight To Investigate FCC Over George Soros & Audacy
WEB5 days ago · Rep. Comer writes, “George Soros, a Democrat megadonor and a financier of organizations advocating for speech restrictions and censorship of conservatives online, is attempting to purchase $415 ...
Billionaire George Soros steps up to save Chicago radio stations
WEBFeb 21, 2024 · What's happening: Soros' investment firm has acquired about $400 million of Audacy's debt, with plans to swap loans for stocks, court filings revealed this week. The plan, which a bankruptcy court approved on Tuesday, would make Soros' firm the largest shareholder of Audacy once the company emerges …
Audacy Gets Court Approval to Exit Bankruptcy, Hand Ownership …
WEBFeb 20, 2024 · Radio and podcast company Audacy Inc. received court approval on Tuesday to emerge from bankruptcy and hand ownership to creditors including Soros Fund Management.
George Soros fund set to become largest shareholder in radio …
WEBFeb 22, 2024 · Radio and podcasting giant Audacy Inc. has received court approval to emerge from bankruptcy, with hedge-fund billionaire and philanthropist George Soros’s investment fund on track to become...
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