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Radio-Info.com Discussion Boards>TOP 20 MARKETS>New York>Big Meeting Next Friday!
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Author Topic: Big Meeting Next Friday!  (Read 1601 times)
oaktree
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« Reply #10 on: September 10, 2009, 04:55:50 PM »
Doubtful. Very very doubtful. KGO, WLS, WABC, WJR & WMAL would bring fortunes. Not fire sale prices.

Citadel Media needs to unload the ABC Radio Network and the second tier ABC stations.
« Last Edit: September 10, 2009, 04:59:13 PM by oaktree » Logged
"Hey everybody. Whadado! Wus' up? I don't even know what "whadado" means!" - Wavy Crocodile / Craig Fergusson - CBS
Element9
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rimember

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« Reply #11 on: September 10, 2009, 08:36:23 PM »
Larry Wilson and Farid?

That would be a hoot. "Hey Farid, you and Judy sure did a fine job taking a company down the hole."

Word from numerous sources is Wilson wants to concentrate on buying stations in the west. A few finance people have said that if Citadel unloads its stations, they will not be parceled, but sold as a whole, perhaps parceled afterwards by the buyer. More than a few sources have reported that Disney will have something to say about any sale.

And then there's the financing. Ain't like lenders are lining up to throw cash at buyers. Wilson and a few others got financing, but Wilson didn't buy an entire company, he's buying clusters, apparently at the right price.

September 15th is an important date on the Citadel calendar. So is January. Tick, tick, boom.
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NoMoreLurking
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« Reply #12 on: September 11, 2009, 04:35:54 PM »
So, how'd the big meeting go?
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NoMoreLurking
rimember

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« Reply #13 on: October 02, 2009, 02:11:31 PM »
It's another Friday - any big meeting we should know about?
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Jamie
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« Reply #14 on: October 02, 2009, 04:07:32 PM »
Quote from: NoMoreLurking on October 02, 2009, 02:11:31 PM
It's another Friday - any big meeting we should know about?
yeah Rock, Country music and trout river pizza and beer is not available in the NYC Tri-state area.
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