Re: Not CUMULUS... another news article
> > > DO YOU KNOW WHERE I CAN FIND THIS REPORT OR ARTICLE
> ABOUT
> > > CUMULUS BUYING SUSQUEHANNA??
> > >
> > From AllAccess:
> >
> > Report: Cumulus Close to Susquehanna Radio Deal
> > The deal to sell SUSQUEHANNA MEDIA's radio station is
> closer
> > to fruition, with the NEW YORK TIMES now reporting that a
> > group headed by CUMULUS, the BLACKSTONE GROUP, and BAIN
> > CAPITAL is close to a deal for over a billion dollars
> while
> > SUSQUEHANNA's cable interests are headed to COMCAST for a
> > price short of $800 million. The deals aren't complete as
> of
> > FRIDAY (10/7) and could still collapse, the paper warns.
> >
>
> Inside Radio has just corrected previous reports...
>
> "We think the Appell family wants to announce both the radio
> selloffs (to a group led by Lew Dickey) and the cable
> selloffs (to minority partner Comcast) in the same breath.
> Today's New York Times says Dickey's backers include the
> Blackstone Group (as Inside Radio reported on September 29)
> and Bain Capital (but not Deutsche Bank)."
>
> In other words, Cumulus' Lew Dickey is forming a new group
> to buy the stations, and this group, not Cumulus, is the
> potential buyer.
>
As long as it's Lew DICKey...it's CUMELESS

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