George Soros’ fund set to become largest shareholder in radio giant Audacy

Radio and podcasting giant Audacy Inc. has received court approval to emerge from bankruptcy, with George Soros’ investment fund on track to become the company’s largest stakeholder. The U.S. Bankruptcy Court for the Southern District of Texas on Tuesday approved Audacy’s plan to emerge from the chapter 11 process, which the company filed for in January.Audacy said it plans to emerge from bankruptcy once the Federal Communications Commission gives its approval.In a stateme