Cumulus media inc. adopts limited-duration shareholder rights plan

Atlanta, feb. 22, 2024 (globe newswire) -- cumulus media inc. (nasdaq: cmls) (“cumulus media” or the “company”) today announced that its board of directors (the “board”) has adopted a limited-duration shareholder rights plan (“rights plan”) to protect the best interests of all cumulus media shareholders. the rights plan is effective immediately and will expire on february 20, 2025. the board may consider an earlier termination of the rights plan if circumstances warrant.
CMLS Ratings Summary
CMLS Quant Ranking