Mary Berner says there’s no way Lew Dickey is returning to run Cumulus.
Jeff Warshaw is reportedly already talking spin-offs to buyers who think Connoisseur can steal Cumulus from lenders for pennies on the dollar.
And then there’s Lew Dickey, the founder and CEO ousted in a bloodless coup by the chairman of the board more than two years ago who wants back.
Which one is full of crap?
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- For the first time – the Dickey takeover plan.
- The timing of the takeover bid.
- The biggest thing Lew Dickey has going for him and what’s working against him.
- The clueless lenders and bondholders are in for this rude awakening that can totally disrupt the outcome.
- The best thinking on when Cumulus can get out of bankruptcy and back to business.
- Whether current management is making any progress winning over bondholders who are refusing to sign on to their second operating plan.
The answers start here.
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