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Broadcasting & Cable
Broadcasting & Cable
Business
Jon Lafayette

BIZARRE: Comscore to delay paying preferred stock dividends - What They Never Told You

Comscore logo.

Looking to conserve cash, Comscore has asked the preferred stockholders who helped refinance the company to put off dividend payments.

The preferred stock was issued in 2021 to Charter Communications, Quarate Retail and Cerberus and enabled the media measurement company to wipe out its $204 million in debt. (Quarate later sold its stock to Liberty and Cerberus.)

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