Tightwad takeover

Flamm, Matthew
February 2006
Crain's New York Business;2/13/2006, Vol. 22 Issue 7, p3
The article reports that the two radio stations, WPLJ and WABC-AM will become part of Citadel Broadcasting Corp. once its merger with the Walt Disney Co.'s ABC Radio division is approved. These are New York's most established radio stations which are being taken over by a Las Vegas-based operator known for running its stations on the cheap. The merger will make Citadel the third-largest radio operator. Citadel, which currently has no New York stations, is led by Farid Suleman, a veteran of Infinity Broadcasting.


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