INSIDE …
- The two things that can trigger premature Cumulus bankruptcy and I’m not talking about failure to pay debt – even worse.
- Why Wall Street thinks Cumulus (and even iHeart) are now trying to tank their companies – here’s their strategy.
- The feeling on the Street that Mary Berner will turn Cumulus around and avoid bankruptcy.
- Some debt holders may salvage 30 cents on the dollar or nothing.
- Why Cumulus can’t sell its non-essential stations – no way, no how.
- How Mary Berner has gone underground – radio silence – ahead of her next huge strategic gamble (revealed here).
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