Creditor sues over Citadel Broadcasting stock grants
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RBR-TVBR First
One of the creditors from Citadel Broadcasting's recent Chapter 11 proceeding is crying foul over the stock grants the company made to its top managers and directors just two months after emerging from bankruptcy court. R2 Investments calls it fraud and wants the bankruptcy court to void the stock grants.
According to the court filing by R2, the Chapter 11 Plan . . .
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