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Cumulus Media Inc (CMLS.OQ)

CMLS.OQ on NASDAQ Stock Exchange Capital Market

0.97USD
20 Jan 2017
Change (% chg)

$-0.01 (-1.02%)
Prev Close
$0.98
Open
$1.01
Day's High
$1.01
Day's Low
$0.94
Volume
6,799
Avg. Vol
25,444
52-wk High
$4.80
52-wk Low
$0.94

Latest Key Developments (Source: Significant Developments)

Cumulus Media Inc announces discounted prepayment of a portion of senior secured term loan facility
Friday, 30 Dec 2016 04:01pm EST 

Cumulus Media Inc : Cumulus Media Inc announces discounted prepayment of a portion of senior secured term loan facility . Cumulus Media Inc says completed a discounted prepayment of a portion of its $1.8 billion senior secured term loan facility due December 2020 . Cumulus Media Inc says purchased $28.7 million of face value of its senior secured term loan for $20.0 million, a discount to par value of 30% .Will recognize a one-time non-operating gain of approximately $8.7 million in its Q4 and full year 2016 earnings.  Full Article

Cumulus announces entry into refinancing support agreement
Wednesday, 7 Dec 2016 09:00am EST 

Cumulus Media Inc : Cumulus Media - has entered into refinancing support agreement with holders of about $349.7 million of aggregate amount of outstanding 7.75% senior notes .Cumulus announces entry into refinancing support agreement with holders of 7.75% senior notes due 2019.  Full Article

Cumulus Media announces 1 for 8 reverse stock split
Wednesday, 12 Oct 2016 10:55am EDT 

Cumulus Media Inc : Cumulus announces reverse stock split .Announces 1 for 8 reverse stock split.  Full Article

Cumulus Media reports breakeven Q2 shr
Thursday, 4 Aug 2016 04:01pm EDT 

Cumulus Media Inc : Cumulus reports operating results for second quarter 2016 . Q2 revenue $287.2 million versus i/b/e/s view $285.7 million . Q2 revenue view $285.7 million -- Thomson Reuters I/B/E/S .Qtrly earnings per share $0.00.  Full Article

Greywolf Capital reports 5.49 pct passive stake in Cumulus Media
Tuesday, 5 Jul 2016 04:50pm EDT 

Cumulus Media Inc :Greywolf Capital Management Lp reports 5.49 pct passive stake of Class A common stock of Cumulus Media Inc as of June 24 - SEC filing.  Full Article

Cumulus Media appoints John Abbot as CFO
Wednesday, 22 Jun 2016 10:05am EDT 

Cumulus Media Inc : Abbot most recently served as executive vice president and chief financial officer of Telx Holdings Inc . Cumulus Media Inc says abbot succeeds Joseph P. Hannan as CFO . Hannan will assist company for several months to ensure a smooth transition .Cumulus media appoints John Abbot as chief financial officer.  Full Article

Cumulus Media appoints Mary G. Berner Chief Executive Officer
Tuesday, 29 Sep 2015 04:15pm EDT 

Cumulus Media:Says Mary G. Berner has been named Chief Executive Officer of the company, effective October 13, 2015.She will succeed Lew Dickey, the company's founder and CEO, who has decided to serve as Vice Chairman and continue as a director of the company.  Full Article

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Cumulus Media sues JPMorgan over refinancing plan

NEW YORK Cumulus Media Inc has sued JPMorgan Chase & Co seeking a court order declaring that the second-largest U.S. radio network is allowed to proceed with a refinancing that it says would deleverage the company by up to $305 million.