Cumulus Media files a notice with the Securities and Exchange Commission revealing that it is unable to files its annual 10-K with the Commission due to its status in Chapter 11 bankruptcy protection.
Specifically, since the company must get permission from the court to retain PricewaterhouseCoopers LLP as the independent registered public accounting firm for the company and its subsidiaries to complete the 10-K, it must wait to clear the objection hurdle expected to be complete by April 8. Cumulus notes that the ultimate timing of its filing of its Annual Report is dependent upon entry of the order.
