No surprise here, like I said about a month ago, trading < 99 cents with all that debt is a siren blaring. Their CEO is smoking some bad crack with that statement. You will see increased asset sales or BKP reorganization by end of summer.

Z

=This is a financial catastrophe for the company that locally owns WXRT, WBBM-AM & FM, WUSN, The Score, and 104.3FM. The announcement was made on Tuesday night, via this statement:

(link below to see the rest)