A sound salvation

Cumulus Media's takeover of Citadel Broadcasting became official yesterday. The deal gives Citadel shareholders $37 in cash or 8.525 shares of Cumulus (NASDAQ: CMLS) stock per share of Citadel (PINK: CDELA) stock, valuing Citadel at $2.4 billion.

Citadel has a pair of Nashville stations: country's 103.3 WKDF and sports-talk station 104.5 The Zone. Cumulus' Nashville properties include adult urban-contemporary WQQK 92.1, classic hits WRQQ 97.1, talk radio's WWTN 99.7, the iconic WSM-FM 95.5 and Top 40 station WNFN 106.7, whose call letters belie its start as a sports-talk competitor to The Zone.

 

Mar 10, 2011 10:15 AM

Comedian not amused by TV housewife

Local man sues NBCUniversal over use of trademarked phrase in connection with Bravo show
Mar 4, 2011 1:43 PM

Brentwood publisher bought by U.K. firm

Gardening-focused firm issued first book in '96
Mar 2, 2011 8:02 AM

Staff changes announced at SouthComm

Wood departing to write book; Lawley promoted to managing editor
Jan 11, 2011 9:34 AM

New editor at Corporate Board Member

Governance publisher promotes longtime manager
Dec 21, 2010 9:55 AM

The Country Network fleshes out leadership

Fledgling cable music network names execs who have joined ex-CMA chief Genovese
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Post magazine editor headed for MTSU

Ruble joined publication nine years ago, also led BusinessTN
Nov 1, 2010 2:40 PM

GAC names local exec GM

Five-year network veteran helped develop headline one-off programming
Oct 28, 2010 1:50 PM

Nashville at law: Sommet trustee moves on assets, founders

Also: SEC action against Brentwood firm nears end and radio spat continues [From our print edition featured in Monday's City Paper]
Oct 17, 2010 9:36 AM

Young names new News2 GM

Exec moving here from Florida
Oct 6, 2010 2:48 PM

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