Liberty Media offers $1.16bn for 40% iHeartMedia stake
Posted on: 28 février 2018, by : Stuart Dredge

US radio group iHeartMedia is battling to restructure its debts in order to avoid bankruptcy, and its latest potential saviour is a fascinating one: Liberty Media.
That’s the same Liberty Media that’s the majority owner of satellite-radio firm SiriusXM, which recently acquired a $480m stake in Pandora, which competes directly with iHeartMedia’s iHeartRadio service.
The post Liberty Media offers $1.16bn for 40% iHeartMedia stake appeared first on Music Ally.
Source: Music ally

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