Iheartmedia statement on the fcc's conditional approval of its pending radio station acquisitions

New york--(business wire)--iheartmedia, inc. (nasdaq:ihrt) today issued the following statement regarding approval of iheartmedia's pending applications to acquire certain radio stations, and the temporary shareholder restrictions required by the fcc to be imposed upon global media & entertainment investments ltd (“gmei”) in connection with those approvals: “iheartmedia values its shareholder relationships and we welcome all new shareholders to iheartmedia. however, because gmei is a foreig
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