iHeartMedia Stock Crashes After SiriusXM Merger Talks Collapse
iHeartMedia shares plunged after SiriusXM merger talks suddenly stalled, says NYT DealBook.
iHeartMedia shares plunged after SiriusXM merger talks suddenly stalled, says NYT DealBook.
iHeartMedia and SiriusXM may merge to compete with streaming apps, creating a huge audio company.
SiriusXM (SIRI) reports surprise Q4 subscriber gains of 110K, driven by Howard Stern renewal, new Megyn Kelly channel, and innovative subscription features. Stock jumps 12%.