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Citadel Broadcasting Investor Files Lawsuit Against Proposed Merger With Cumulus Media

  • If you purchased CITADEL BROADCASTING CP A (PINK:CDELA) or CITADEL BROADCASTING CP B (PINK:CDELB) shares and currently continue to hold those PINK:CDELA or PINK:CDELB shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

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Lawsuit Overview

An investor in Citadel Broadcasting Corp shares filed a lawsuit in State Court in effort to block the planned merger between CITADEL BROADCASTING CP and Cumulus Media Inc. . According to the complaint the plaintiff alleges that the defendants breached their fiduciary duties in connection with proposed merger between Citadel Broadcasting Corporation and Cumulus Media Inc. (NASDAQ: CML...



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