Thursday, March 15, 2018

Here's how much iHeartMedia's bankruptcy could cost T. Rowe Price

T. Rowe Price Group Inc.’s mutual funds have more than $160 million at risk after iHeartMedia Inc. filed for Chapter 11 bankruptcy protection . Baltimore-based T. Rowe Price is the 14th-largest debt owner of iHeartMedia, with 77.3 million shares worth a total of $160.2 million, as of Dec. 31 according to data from Bloomberg. iHeartMedia and some of its subsidiaries filed for bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas in Houston on Thursday after racking…



from https://www.bizjournals.com/baltimore/news/2018/03/15/iheart-media-bankruptcy-t-rowe-price.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/171905022032

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