Second largest chain of radio stations to be bought out by George Soros


Important Takeaways:

  • Left Wing Billionaire George Soros Buying Hundreds of American Radio Stations Ahead of 2024 Election
  • The Washington Times reports:
    • George Soros has purchased a potentially controlling stake in America’s second-largest chain of radio stations.
    • According to bankruptcy filings cited Wednesday in the New York Post, his Soros Fund Management has bought $400 million of debt in the Audacy chain.
    • The Post reported that the Fund’s stake comes to about 40% of Audacy’s debt, at a value of about 50 cents on the dollar.
    • “Although not a majority, [that] could yield effective control of the media giant when it emerges from bankruptcy,” the Post wrote.
    • A Republican insider “close to the situation” told the Post that Mr. Soros could be making the election-year purchase in a bid to influence public opinion.
    • “This is scary,” the source said.

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