Cumulus Lenders Blindsided

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  1. Sources close to Cumulus say lenders expecting a new beginning when bankruptcy ends in June are in for a rude awakening – here’s why.
  2. Amazing as it may seem, how even the bankruptcy judge is reportedly not aware of the rapidly declining EBITDA problem.
  3. The evidence as to why a second bankruptcy will be necessary even if a new owner takes over.
  4. The status of the Lew Dickey hostile takeover bid as of last week.
  5. The one scenario under which Mary Berner can save her job and keep the company – it comes down to this.

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