No More Dead Air?

Noto, Anthony
March 2011
Mergers & Acquisitions Report;3/14/2011, Vol. 24 Issue 11, p13
The article reports that small- and middle-market advisors in the broadcasting industry in the U.S. are hoping that confidence in local lenders be improved by recent merger and acquisition deals. Cumulus Media Inc. signed a deal with Citadel Broadcasting Corp. worth 2.4 billion U.S. dollars. On the other hand, radio stations from Bonneville International Corp. were acquired by Hubbard Broadcasting Inc. for 505 million U.S. dollars.


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