Appeals Court Rejects Nielsen Rehearing Bid In Cumulus Case.

Nielsen has lost its bid to persuade the U.S. Court of Appeals for the Second Circuit to reconsider its ruling in the closely watched antitrust fight with Cumulus Media, potentially clearing a major procedural hurdle as the two companies negotiate over Westwood One’s continued access to national radio ratings. In a one-page order, the Second Circuit denied Nielsen’s petition seeking either a…