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Citadel Buys ABC

E

Element9

This story in the New York Times may remind some readers of CapCities' purchase of ABC, when the small fish swallowed the bigger fish.

Question is, will Citadel be tempted to sell some of its smaller market clusters to help secure the ABC stations. And is Citadel still interested in CBS's "underperforming" properties?

-9-
 
Re: The ABC's of Buyouts

> This story in the New York Times may remind some readers of
> CapCities' purchase of ABC, when the small fish swallowed
> the bigger fish.
>
> Question is, will Citadel be tempted to sell some of its
> smaller market clusters to help secure the ABC stations. And
> is Citadel still interested in CBS's "underperforming"
> properties?
>
> -9-
>
I beg to be forgiven for what I may be forgetting here, but I think I could see Citadel shaking hands with Entercom in the end.
They both were bidding, and even IF it never comes to be that some of the ABC properties, after being sold to Citidel, get resold to Entercom, there still could ba a hand shake deal for Entercom to pay Citadel pennies to run Radio Disney on 1520...? Yes? No? (and other AM Entercom properties where this idea may apply...)
Respectfully, perhaps automated oldies is still a good option.<P ID="signature">______________
"If you never say NO, How much is your YES worth?"
</P>
 
Re: The ABC's of Buyouts

> To get an idea of tangled web of ownership the Disney group
> has, go to:
>
> http://gullfoss2.fcc.gov/reports/frn.cfm
>
> Put in the FRN box 0004132221
>
> Click on "Mass Media".
>
> The TV, ESPN stations, and Radio Disney properties are
> apparently not part of the deal.
>
Thank-you.<P ID="signature">______________
"If you never say NO, How much is your YES worth?"
</P>
 
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