E.G Goes in on IHEART MEDIA AND FREEDOM OF SPEECH........

10/07/2018
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Descripción de E.G Goes in on IHEART MEDIA AND FREEDOM OF SPEECH........

John Malone’s Liberty Media Corp., which last month officially abandoned a plan buy a stake in bankrupt iHeartMedia Inc., continues to express interest in the nation’s largest radio broadcaster, according to people familiar with the matter. Liberty, which owns a controlling interest in satellite-radio-broadcasting company Sirius XM, is working on revamping its initial offer, one of the people said. The media company had offered to pay about $1.2 billion for a 40% stake in iHeartMedia before withdrawing its bid last month. Liberty’s interest in iHeartMedia sets up a potential bidding battle with California-based private-equity firm Silver Lake, the person said. Silver Lake, which has made an offer for a 20% stake in iHeart, has been in talks with the radio-station operator and its creditors about a potential deal, the person said. A Walpole newspaper office is temporarily shut down after one of its journalists received a specific threat. The woman accused of sending it is under arrest. She’s been a journalist for 40 years, according to her attorney, but 64-year-old Amy Zuckerman is now accused of threatening to harm those in her own profession Police say Zuckerman sent an email to a writer at The Walpole Times, accompanied by a detailed physical description of the newspaper’s office.