
WASHINGTON (Reuters) - Cumulus Media Inc will sell three radio stations in two states in order to win antitrust approval to buy Citadel Broadcasting Corp , the Justice Department said on Thursday.
WASHINGTON, Sept 8 (Reuters) - Cumulus Media Inc will sell three radio stations in two states in order to win antitrust approval to buy Citadel Broadcasting Corp , the Justice Department said on...
Cumulus Media ( CMLS ) will pay $37/share to buy Citadel Broadcasting ( CDELB.PK ), valuing Citadel at ~$2.5B. The announcement confirms earlier rumors about a deal and follows Citadel's rejection of a $31/share deal in December. ( PR ) Post your comment!
NEW YORK, March 9 (RLPC) - Radio broadcaster Cumulus Media has begun pre-marketing a roughly $2 billion debt package to back its potential acquisition of Citadel Broadcasting , according to several...
Cumulus in talks to buy Citadel. Citadel Broadcasting (CDELA.PK) is reportedly in exclusive negotiations to sell itself to Cumulus Media (CMLS) for $37 per share, or around
NEW YORK (Reuters) - Radio broadcaster Citadel Broadcasting Corp said it was in talks to be bought by its larger rival Cumulus Media, after a sweetened bid worth $2.4 billion brought it back to the...
NEW YORK, Feb 17 (Reuters) - Radio broadcaster Citadel Broadcasting Corp said it was in talks to be bought by its larger rival Cumulus Media , after a sweetened bid worth $2.4 billion brought it...
(Corrects second bullet point to clarify that Cumulus, not Citadel, expects to get rest of cash to fund transaction through debt financing)
Citadel Broadcasting ( CDELB.PK +14.7% ) is in exclusive negotiations to sell itself to Cumulus Media ( CMLS +13% ) in a $37/share deal
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