bankruptcy
News Audacy has significantly reduces its debt and is now focused on 'streamlining resources to stay competitive' News The embattled company says it was unaware of legal proceedings brought against it, and missed a court hearing News The second-largest radio broadcaster in the US is working to drastically reduce a $1.9 billion debt News The company's debt-for-equity swap effectively wipes out current investors, and the company is delisting from the NYSE.