iHeartMedia Withdraws Its Estimated $1.5 Billion Public Offering

iHeartMedia has withdrawn its IPO in favor of a NASDAQ listing. Instead of the expected IPO, iHeartMedia has received approval from NASDAQ to be listed and traded on the stock exchange. The Class A stock is expected to be listed on July 18th, and its symbol will be "IHRT." iHeartMedia originally planned to raise capital […] The post iHeartMedia Withdraws Its Estimated $1.5 Billion Public Offering appeared first on Digital Music News.