iHeart’s Bankruptcy Secret

I get that Bob Pittman has the credibility of a snake oil salesman.

But employees and anyone investing in or doing business with iHeart going forward are in for a big letdown and financial uncertainty.

Yes, the company is coming out of bankruptcy in a few months but as you’re about to read today all the company spin about a new iHeart is not going to happen.

Turns out Bain and iHeart made a big mistake and they are about to pay for it.

You wouldn’t admit this publicly, either, would you?

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