Correction to iHeartMedia Story on Thursday

Features Dow Jones Newswires

A key group of creditors rejected iHeartMedia Inc.'s latest debt restructuring proposal, and countered with their own deal that may involve the company filing for chapter 11. "iHeart Creditors Reject Another Offer From Company as They Push for Chapter 11," at 8:06 p.m. ET on Thursday, incorrectly stated in the first paragraph that the counterproposal required the company to file for chapter 11. (Dec.1)

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(END) Dow Jones Newswires

December 01, 2017 13:45 ET (18:45 GMT)