• Get involved.
    We want your input!
    Apply for Membership and join the conversations about everything related to broadcasting.

    After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
    If you use a disposable or false email address, your registration will be rejected.

    After your membership is approved, please take a minute to tell us a little bit about yourself.
    https://www.radiodiscussions.com/forums/introduce-yourself.1088/

    Thanks in advance and have fun!
    RadioDiscussions Administrators

Town Square Increases Its Presence in NY State

E

Element9

$11 million (five per cent down, the remainder in stock) brings 26 stations http://www.radio-info.com/news/price-for-townsquares-purchase-of-26-stations-from-double-o-11m, including 11 stations in New York state that fall in unrated communities between Syracuse, Albany and Binghamton. However, WIYN-FM Deposit NY, is part of the Binghamton market and WKXZ-FM Norwich has a signal overlap with a Townsquare's WFRG-FM Utica-Rome. The remainder of the deal includes four stations in Hannibal MO-Quincy IL, three in Sedalia-Knob Noster MO, five in San Angelo TX, three in Odessa-Midland TX. Townsquare will issue about 193K shares of stock to the seller valued at $4.87 each, adding about $940K to the deal’s total value. Double O's buyout will increase Townsquare's radio holdings to 191 stations in 40 markets.
 
Status
This thread has been closed due to inactivity. You can create a new thread to discuss this topic.


Back
Top Bottom