iHeartMedia Stock Fell 24% Monday As Radio, Streaming Giant Flirts With Bankrupcy

iHeartMedia stock fell 23.64% to $2.04 Monday after the company admitted to shareholders that it might not survive the year.

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iHeartMedia, Largest Owner Of Radio Stations In US, Admits It May Not Survive The Year

Struggling under the weight of $20 billion in debt, broadcast radio conglomerate iHeartMedia has admitted to investors that it may not survive 2017. 

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