Saga Rejects Unsolicited Takeover Offer From A Smaller Broadcaster

[Y2kTheNewOldies]

Saga Rejects Unsolicited Takeover Offer From A Smaller Broadcaster.

Saga Communications says it has rejected an offer to buy the company from an unnamed smaller broadcaster. In a press release issued Wednesday after the stock market closed, the company

www.insideradio.com

 

[Miss Tuned]

Was it Crazy Ed?

 

[TheBigA]

Inside Radio has updated the story identifying the bidder as Jeff Warshaw:

Saga Rejects Unsolicited Takeover Bid From Jeff Warshaw-Led Group.

After making two unsuccessful offers to acquire Cumulus Media, a consortium led by Connoisseur Media CEO Jeff Warshaw set its sights on Saga Communications. But Saga’s board rejected the unsolicited

www.insideradio.com

 

[Kelly A]

Inside Radio has updated the story identifying the bidder as Jeff Warshaw:

Yeah thirteen stations in four markets isn't exactly a mega media empire.