Newsclip®: [Business] iHeartMedia Prevails In Texas Court Against Bondholders | NEWS News |

"iHEARTMEDIA has won its case in the State District Court in BEXAR COUNTY, TEXAS. The verdict from state District JUDGE CATHLEEN STRYKER blocks bondholders that took iHEARTMEDIA to court over a recent transfer of assets within the company, from filing default notices against the company in connection with the transfer. iHEARTMEDIA stock jumped dramatically once the news hit, at one time peaking at $1.20 from around 95 cents a share. It has since settled down to $1.10, which is still a ...",

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