A federal bankruptcy judge has confirmed Cumulus Media’s prepackaged reorganization plan, clearing the Atlanta-based radio group to restructure roughly $660 million in debt and emerge as a private company with Mary Berner remaining in the CEO role.
A federal bankruptcy judge has confirmed Cumulus Media’s prepackaged reorganization plan, clearing the Atlanta-based radio group to restructure roughly $660 million in debt and emerge as a private company with Mary Berner remaining in the CEO role.