iHeartMedia Wins Court Fight With Dissident NoteholdersLaurel Brubaker Calkins and Rebecca Spalding
Lenders claimed $500 million asset-shift not allowed
Dispute threatened to undermine company finances, IHeart said
IHeartMedia Inc. won its fight against a group of senior lenders who were threatening to tip the media giant into bankruptcy unless the company rolled back a $500 million asset shift.
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