Sale To American Radio Systems
In 1996, American Radio Systems Corp. of Boston, Massachusetts bought EZ Communications Inc. for about US$655 million. At the time, EZ Communications operated 20 stations in cities such as Seattle, Washington and St. Louis, Missouri. The combination gave American Radio 96 outlets in mostly midsize markets, making it the nation's second-biggest radio broadcaster in advertising sales.
The combined company's estimated sales of $340 million ranked second only behind Westinghouse Electric Corp.
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