<div><p>(Reuters) - Citadel Broadcasting Corp <CTDB.OB> offered a deal to exchange a major part of its debt for equity to senior lenders owed $2 billion, including JPMorgan Chase & Co <JPM.N>, GE Capital and ING Groep NV <ING.AS>, the ...
<div id="subtitle">Report: Radio broadcaster Citadel preparing to file for bankruptcy protection by year's end</div><div><p>Radio station owner Citadel Broadcasting is preparing to file for Chapter 11 bankruptcy protection by year-end in a move to lessen its debt burden, according to a published report.</p> ...
<div><p>NEW YORK (Reuters) - Citadel Broadcasting Corp <CTDB.OB>, the third-largest U.S. radio broadcaster, said on Sunday it filed for the bankruptcy protection, as the radio industry continues to be hard hit by depressed advertising revenue.</p><p>Citadel, whose network consists of 165 FM stations ...
