Net News search results for: jpmorgan chase
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September 26, 2016
Report: CBS Set To Take On $1.5 Billion In Debt Ahead Of CBS Radio IPO
As CBS CORPORATION gets closer to its spinoff of the CBS RADIO division, REUTERS reports the company, "is preparing to take on about $1.5 billion in debt ahead of its initial public offering and use most of the proceeds to pay its parent in cash, … more »
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September 13, 2016
Amy Miles Exits Townsquare Media Board, Margaret M. Cannella Takes Her Place
AMY MILES has exited the board of directors of TOWNSQUARE MEDIA and MARGARET M. CANNELLA has been added to replace her on the board and the Audit Committee. MILES' exit was due to new proxy voting policies of GLASS LEWIS that restrict the … more »
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August 18, 2015
Saga Communications Closes On New $100 Million Credit Agreement
SAGA COMMUNICATIONS, INC. has closed on its new $100 million credit agreement. Under the credit line, SAGA will have access to a five-year revolving facility initially funded to the amount of $35.3 million. JPMORGAN CHASE BANK, N.A. served as … more »
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April 8, 2015
Equity Firms Selling Off Up To 25% Of Their Stakes In Tribune Media In Secondary Offering
TRIBUNE MEDIA COMPANY has announced a secondary offering of 9,240,073 shares of Class A common stock being sold off by OAKTREE CAPITAL MANAGEMENT, L.P., ANGELO, GORDON & CO., L.P., and JPMORGAN CHASE BANK, N.A., representing about 25% of their stakes … more »
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August 15, 2014
Radio’s Off-Air Posts 3rd Consecutive Quarter Of Double-Digit Gains
Radio's Q2 '14 revenue performance was moderate, down 3% from the same period last year based on diminished Spot activity. Spot declined 5%, tempering respective gains of 13% and 9% from the Off-Air and Digital sectors and flat Network spending. … more »
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June 11, 2014
Emmis Arranges Loan To Finance WLIB-WBLS Purchase
EMMIS COMMUNICATIONS CORP. has informed the SEC that it has arranged a credit agreement with lenders headed by JPMORGAN CHASE and FIFTH THIRD BANK for a senior secured term loan facility of $185,000,000 and a senior secured revolving credit facility of … more »
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September 17, 2013
Pandora To Sell 10 Million New Shares Of Stock, Raise New Revenue For Sales Efforts
OAKLAND, CA-based PANDORA MEDIA has filed to raise close to $231 million by issuing 10 million new shares of stock. BLOOMBERG reports, "CROSSLINK CAPITAL INC., PANDORA’s biggest stockholder, will sell an additional 4 million shares. … more »
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February 27, 2013
Tribune Papers On The Block
CNBC is reporting that TRIBUNE CO. has hired JPMORGAN CHASE and EVERCORE PARTNERS to sell its newspapers. "There is a lot of interest in our newspapers, which we haven't solicited," said TRIBUNE spokesman GARY WEITMAN. "Hiring outside … more »
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August 27, 2012
Fisher Board Declares Special, Regular Dividends
FISHER COMMUNICATIONS' board of directors has approved a special cash dividend of $10/share, payable OCTOBER 19th to shareholders of record as of SEPTEMBER 28th, paid from the company's existing cash and short- and long-term investments. In addition, the … more »
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July 19, 2011
Cumulus Restructures Loan For Citadel Purchase
CUMULUS MEDIA has "increased the interest rate and changed the structure on $2.04 billion in loans it's seeking to back the acquisition of CITADEL BROADCASTING CORP. after lenders pushed back against the original terms," reports BLOOMBERG. … more »