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Cumulus

U

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Cumulus to be sold in the near future ? Or, would try to survive by selling some of its assets ?
 
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Frank
 
I'd buy a Cume-U-Less station for one dollar. No more, no less. That's about how much they're worth once the cloud is done with them.
 
Unregistered said:
Cumulus to be sold in the near future ? Or, would try to survive by selling some of its assets ?
Click to expand...

Classic troll post. Cumulus is projected to have an EBITDA of $262 million this year by the analysts who track the stock.

That is enough to cover the interest and leave a bit of cash flow. Loans can and are often refinanced... a fact of life in the psuedo-recessionary economy we live in today.

And if your assets are producing cash flow, why would you sell them? Of course, the ones that don't produce are likely to have little value and would not be a significant factor in paying down debt.
 
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