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:
“This instinctive repulsion which tradespeople inspire in men of sensitive feeling is one of the very rare consolations for being so impoverished which are given to those of us who don’t sell anything to anybody.”
—Louis-Ferdinand Céline (1894–1961)