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Investments

Mar. 15, 2011

Deal Makers

Cumulus Media Inc. announced on Friday it agreed to acquire Citadel Broadcasting Corp. in a deal that would purchase all outstanding shares of common stock for $37 apiece.


MERGERS & ACQUISITIONS

Gibson Dunn Helps Cumulus Media Make Waves


Cumulus Media Inc. announced on Friday it agreed to acquire Citadel Broadcasting Corp. in a deal that would purchase all outstanding shares of common stock for $37 apiece. Among the assets to be transferred in the $740 million deal are 225 radio stations owned and operated by Citadel across more than 50 markets. Gibson, Dunn & Crutcher LLP Century City partner Jona...

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