Any truth that the Galaxy Stations are for sale?

[JrAsparagus]

I heard this from someone, but didn't know if it were true. Can anyone confirm or deny this?

 

[PunkyB]

> I heard this from someone, but didn't know if it were true.
> Can anyone confirm or deny this?

They're ALWAYS for sale. He's just waiting for some fool to pay his price.
Let the Buyer Beware.
>

 

[BobRoss]

> I heard this from someone, but didn't know if it were true.
> Can anyone confirm or deny this?


As the saying goes... ANYTHING is for sale if the right amount is offered.

But seriously, I would still consider Galaxy's Utica properties to be up for sale. Levine tried to unload them on the unsuspecting "Route 76" company out of Pennsylvania a couple of years ago.

Weeks later, the deal fell through. Route 76 claimed that Galaxy fudged the books to make it look like the stations had better cashflow than they really did... Galaxy spun it to look like they repo'd the stations because Route 76 failed to make a payment deadline.

Galaxy took the cluster back over, because it basically had to. If I worked there, I don't know how confident I'd be, working for an unwilling owner... but considering most of the staff over there were previously fired from other stations in town, I guess they have no choice but to keep working in the old Washington Mills double-wide and pray Ed doesn't finally do to Rock 107 what he's already done with K-Rock in terms of automating it entirely from Syracuse.

After all, nothing makes a station more lucrative to buyers than cutting expenses like payroll...

 

[chumbucket]

> I heard this from someone, but didn't know if it were true.
> Can anyone confirm or deny this?
>
Not true.Here's a prediction.Both Regent and Citadel will be sold long before Galaxy.

 

[jacques_strap]

> > Can anyone confirm or deny this?
> >
> Not true.Here's a prediction.Both Regent and Citadel will be
> sold long before Galaxy.

Hi, Ed.