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Forever Broadcasting being sold?

S

Spackler1

Lots of rumors floating around that a sale of Forever Broadcasting is imminent. The names being mentioned are Cox Radio and Triad. I was curious to see what, if anything, anybody else is hearing.
 
Forever's radio markets are much more like Triad's (small markets) than Cox's (large markets). On the other hand, Cox has created a big Pittsburgh regional sales strategy on the TV side (Pittsburgh, Johnstown-Altoona and Wheeling-Steubenville) and the Forever/Keymarket footprint is nearly identical. Great match. Like somebody said, every business is for sale at the right price.
 
Word on the street is that Forever's Jackson, TN cluster (WTNV/WYNU/WTJS/WLSZ/WLSQ) is on the market for $7.1 million.
 
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