Citadel, radio station owner, files for bankruptcy

By: Bloomberg News December 22, 2009

Citadel Broadcasting Corp., the owner of radio stations in cities including New York and Chicago, filed for U.S. bankruptcy protection with a deal to shed $1.4 billion of debt. The company, which syndicates Don Imus's morning talk show through its U.S. radio network, listed assets of $1.4 billion and debt of $2.5 billion in its Chapter ...

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Citadel, radio station owner, files for bankruptcy

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