A Liberty Media affiliate has reportedly asked the US Department of Justice for permission to increase its 4.8% share of iHeartMedia, although insiders say the company has not decided how it will proceed if given the green light. DOJ officials have begun seeking information on how a deal between iHeart and Liberty, which also owns majority stakes in Sirius XM and Live Nation Entertainment, would affect interested parties, an insider says.
Insiders: Liberty seeks DOJ permission to expand iHeart stake
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