Sell To Cumulus
On March 10th, 2011, Cumulus Media announced that it would purchase Citadel Broadcasting. After receiving conditional regulatory approval from the Department of Justice and the Federal Communications Commission, the deal was approved by Citadel shareholders on September 15, 2011. The merger of the two companies closed on September 16, 2011, and Citadel became an indirect wholly owned subsidiary of Cumulus Media.
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Famous quotes containing the word sell:
“Would you sell the colors of your sunset and the fragrance
Of your flowers, and the passionate wonder of your forest
For a creed that will not let you dance?”
—Helene Johnson (b. 1907)