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iHeartMedia Priced, Nasdaq: IHRT

Restructured radio station operator with the US's largest footprint.

Industry: Communication Services

Latest Trade: $17.00 0.00 (0.0%)

First Day Return: n/a

Return from IPO: 0.0%

Industry: Communication Services

Taken private by Bain Capital and Thomas H. Lee Partners for $18 billion in 2008, iHeartMedia is the leader in the audio media sector in the U.S. We have a greater reach than any other media company in the U.S. with our broadcast radio assets alone, with our monthly reach of 275 million listeners aged 6+ representing an audience greater than the digital audience of Google and Facebook in the U.S. as measured by Comscore in February 2019. We believe our advantage is driven by our unique ability to build relationships and engage a broad spectrum of audiences and demographics as we fulfill listeners’ need for companionship and to be connected with the world. The backbone of the Company is our portfolio of 848 live broadcast radio stations and a local sales force servicing approximately 160 U.S. markets, including 48 of the top 50 markets and 86 of the top 100 markets.
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IPO News for iHeartMedia
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IPO Data
IPO File Date 04/03/2019
Offer Price $17.00
Price Range n/a
Offer Shares (mm) 0.0
Deal Size ($mm) $0
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/18/2019
Offer Price $17.00
Price Range n/a
Offer Shares (mm) 0.0
Deal Size ($mm) $0
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters San Antonio, TX
Founded 1972
Employees 12,500
Website www.iheartmedia.com