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Citadel Shell Game?

S

SirRoxalot

First we get word that Citadel has "restructured its debt", getting a temporary reprieve from bankruptcy.

Citadel sees covenant difficulties in 2010

Now, we get word that Citadel is changing the company name.

Citadel Drops 'ABC Radio Networks' Brand Name

Hmmmmmm. You wonder if Farid looked at Mel Karmazin's consideration of declaring bankruptcy for the former XM branch of his company to save the former Sirius brand. Could Farid be finagling a similar split for the former ABC and former Citadel Radio properties?
 
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