iHeart’s New Buyer, Layoffs, the Rise of SiriusXM

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  1. Information leaked over the Fourth that there is a second bidder interested in taking over iHeartMedia – which one would be the better owner?
  2. iHeart would emerge from bankruptcy with $10 billion less debt – is it enough or will there be more layoffs to come?
  3. The parts that will likely be sold off to pay down debt even further no matter who comes away with iHeart.
  4. And one bidder would keep selling until iHeart’s debt was de-levered – which one is that?
  5. The rise of SiriusXM – how it fits into Liberty’s plans to remake iHeart programming.

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