Thursday, February 2, 2017

CBS Radio to merge into Entercom

CBS Radio, which has been up for sale for the better part of the past year, will merge into Bala Cynwyd, Pa.-based Entercom Communications Corp. Financial terms of the deal, expected to close in the second half of this year, were not released. CBS Radio properties in Baltimore are WJZ-AM 1300, WJZ-FM 105.7 “The Fan”, Mix 106.5-FM and WLIF 101.9-FM. David J. Field, CEO of Entercom, will lead the combined company that will have a nationwide footprint of 244 stations, including 23 of the top 25 U.S.…



from http://www.bizjournals.com/baltimore/news/2017/02/02/cbs-radio-to-merge-into-entercom.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/156716600827

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