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Same thing happened to iHeartMedia (formerly ClearChannel). Bain Capital took it private via the leveraged buyout and now the company is burdened with $18B deb
by starik36 9y ago
Same thing happened to iHeartMedia (formerly ClearChannel). Bain Capital took it private via the leveraged buyout and now the company is burdened with $18B debt and is likely to declare bankruptcy soon.