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Soros Fund Management will become Audacy’s principal shareholder after acquiring over $414 million of Audacy’s senior debt. Soros’ acquisition of Audacy, one of the most important private broadcast enterprises in the country, is bad news for the struggling radio industry and terrifying news for free speech advocates.
Soros Fund Management will become Audacy’s principal shareholder after acquiring over $414 million of Audacy’s senior debt. Soros’ acquisition of Audacy, one of the most important private broadcast enterprises in the country, is bad news for the struggling radio industry and terrifying news for free speech advocates.