Citadel Broadcasting Corp. (CTDBQ) changed its compensation plans for top management after complaints that they violated the terms of its bankruptcy reorganization.
Citadel, the third-largest radio broadcaster in the U.S., exited bankruptcy protection in June owned by creditors including JPMorgan Chase (JPM), The Wall Street Journal said.
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R2 Investments, another creditor, said that…
Continue reading Citadel Broadcasting Agrees to Cut Executive Pay
Citadel Broadcasting Agrees to Cut Executive Pay originally appeared on DailyFinance on Wed, 03 Nov 2010 07:31:00.
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