New Evidence the Vultures Are Circling Cumulus

INSIDE …

  • No sooner than majority owner Jeff Marcus leaves San Francisco, these people arrive.
  • And other markets will reportedly get the same treatment – how many?
  • How Cumulus seems to be doubling down on making even deeper cuts.
  • Suspiciously Cumulus is trying to clean up old business – some years old to tidy things up ahead of a bankruptcy. The specifics.
  • What a pre-pack bankruptcy would mean to equity holders, banks, bondholders and employees.
  • How analysts can in clear conscience give a “buy” or “outperform” rating to a company this sketchy.

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