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Cumulus Cuts!

I'm going to venture a guess that EVERYONE will shoot down upon reading...

Cumulus will sell one or more of it's stations in the Q.C.

Ya know that round of firings that just happened?
I was told that wasn't going to be the end of it.
And Cumulus was considering selling off single stations
in multiple markets. Not clusters, just under-performing stations.

This should be interesting...
 
joebob said:
PTBoardOp94 said:
Is anyone really buying in this market? I haven't heard of any major transactions in the last several months.
Click to expand...
What's there to buy? Only 2 major players in Rockford Maverick and Cumulus. The only other possibilities are QFL and LUV AM.
Click to expand...
Sorry, I should have been more clear. I think there is a dearth of transactions nationwide due to the problems in the credit market. Wasn't referring to the quad-cities specifically.
 
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