iHeartMedia files Chapter 11

[retailisking]

They've reached an agreement with their debtholders; it's business as usual at the stations and other subsidiaries
https://radioinsight.com/headlines/167118/iheartmedia-files-for-chapter-11-bankruptcy-after-reaching-agreement-with-debtholders/

[TheFugitive]

I worked for 5 retailers in my career, and all but one of them ended up
filing Chapter 11.

Somebody will be getting the shaft.  Suppliers, employees.....somebody.

In my case with Ames it cost me a $6000 bonus that I had busted my hump
for, and really could have used at the time.