Cumulus Media Poison Pill Sends Share Price Soaring, Live Nation Stock Rises on Record Earnings

Cumulus Media led all music stocks this week by gaining 20.2% to $4.70 after the radio broadcaster announced it had employed a “poison pill” to ward off a Singapore-based investor. In January, Renew Group Private Ltd increased its stake in Cumulus Media from 5.2% to 10.01%. To protect the best…#singapore #renewgroupprivateltd #cumulusmedia #cumulus #renewgroups #renewgroup #dow #cloudmusic #hkd #aux
Source: Reuters: Health - Category: Consumer Health News Source Type: news