Re: I wonder what WSB would bring?
> > Not that Cox would ever sell but wonder what the price
> would
> > be???
> >
> WSB bills approx. 45-50 million, annually. Assuming a 40%
> margin and a trading multiple of 13 (Susquehanna just went
> at 13 times cash flow), one might estimate 260 million. But
> then factor in items like real property (towers, real
> estate, building and ground etc.) and you may make a jump
> into the 300 million range.
>
Susquehanna was under priced, a steal!!!! WSB-AM would be a minimum of 650 Million, forget the 40% margin.