The legal battle between Connoisseur Media CEO Jeff Warshaw and Soros Fund Management (SFM) now turns on one question, following new filings, Inside
Radio reports: Did he advise SFM that Cumulus Media was ready to acquire Audacy’s debt before SFM
acquired the broadcaster as it moved through bankruptcy reorganization? Warshaw sued SFM last year, seeking damages for an alleged breach of an oral agreement. He charges
that he played a pivotal role in SFM’s deal to take a controlling stake in Audacy, including the rolling up of Connoisseur’s stations into Audacy,
post-bankruptcy. SFM denies those claims. advertisement
advertisement
Read the whole story at Inside Radio »