Brief: IHeartmedia Announces $100 Mln Proceeds Expected From New Mountain Capital’S Acquisition Of Broadcast Music
Nov 27 (Reuters) - iHeartMedia Inc IHRT.O :
* IHEARTMEDIA, INC. ANNOUNCES $100 MILLION IN PROCEEDS
EXPECTED
FROM NEW MOUNTAIN CAPITAL’S ACQUISITION OF BROADCAST MUSIC, INC.
* IHEARTMEDIA INC: PLANS TO USE PROCEEDS FOR GENERAL
CORPORATE
PURPOSES, WHICH MAY INCLUDE REPAYMENT OF DEBT
Source text for Eikon: ID:nBw13BWLKa
Further company coverage: IHRT.O
((Reuters.Briefs@thomsonreuters.com;))
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