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"This Is Scary": Soros Prepares Takeover Of 200 Radio Stations Ahead Of US Presidential Election

Posted on AllSides February 15th, 2024
From The Right

America's second-largest radio broadcaster could soon emerge from bankruptcy with a new shareholder: Soros Fund Management. According to Bloomberg, the investment firm founded by the Trump-hating billionaire George Soros has acquired $400 million of Audacy's highest-ranking debt. "The decision by our existing and new debtholders to become equity holders in Audacy represents a significant vote of confidence in our company and the future of the radio and audio business," Audacy wrote in a statement. Audacy owns 235 radio stations in 48 media markets across the US and is the second-largest...

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