The Cumulus Foreign Ownership Waiver

They’re kidding, right?

A special waiver to allow foreign investors to own 100% of Cumulus?

Or at least some of it.

Why now and why look to offshore financing?

Their stock is trading at close to $17 – and they just dumped $1 billion in debt out of bankruptcy – so what’s driving this sudden move.

What if the FCC says no?

The repercussions at Cumulus clusters – will there be more nationalizing local jobs, cutting costs, etc.

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