SiriusXM in Early Talks to Acquire iHeartMedia
SiriusXM is reportedly in early discussions to acquire iHeartMedia, a move that sent iHeartMedia's shares soaring. The potential merger could involve figures like Irving Azoff and Apollo.
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SiriusXM Said to Be in Early Talks to Acquire iHeartMedia
A deal, which was described by two people familiar with the discussions, would unite two major providers of traditional and satellite radio.
By Lauren Hirsch and Benjamin Mullin
Read full article →SiriusXM, iHeartMedia Eye Merger, With Irving Azoff and Apollo in Mix
Insiders say music industry mogul Irving Azoff and Apollo Global Management are consulting on the deal.
By Caitlin Huston
Read full article →iHeartMedia Shares Jump After Report Of Early Merger Talks With SiriusXM
Shares in iHeartMedia jumped more than 35% on Friday following a report from Bloomberg that said the radio giant has started early talks with satellite radio’s SiriusXM to combine. Bloomberg reported that the merger talks were in the preliminary stages and there is no certainty a deal will go through, according to the outlet’s unnamed […]
By Patrick Hipes
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