Citadel, which owns several radio stations as well as a few TV stations, has made a $4 million bid on the currently-in-receivership Providence station:
http://www.pbn.com/channel-6,55537
The WLNE receiver calls Citadel the lead bidder because they are "established, successful and financially secure." Incidentally, wasn't Citadel recently in bankruptcy themselves?
http://www.pbn.com/channel-6,55537
The WLNE receiver calls Citadel the lead bidder because they are "established, successful and financially secure." Incidentally, wasn't Citadel recently in bankruptcy themselves?