PDA

View Full Version : Cumulus Unveils Rights Plan to Deter Hostile Takeover



Colorado Media Newsroom
February 22nd, 2024, 11:00 AM
From Radio Online:

In a filing with the SEC, Cumulus Media has unveiled a strategy known as a "poison pill" to deter a potential aggressive acquisition by a Singapore-based firm led by the billionaire responsible for significant changes at the traditional media outlet Sports Illustrated. Cumulus put into effect a shareholder

More... (https://news.radio-online.com/cgi-bin/rol.exe/headline_id=b17744)