M&A Deal Summary |
|
---|---|
Date | 2011-09-16 |
Target | Citadel Broadcasting |
Sector | Media |
Buyer(s) | Cumulus Media |
Deal Type | Add-on Acquisition |
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Category | Company |
---|---|
Founded | 2002 |
Sector | Media |
Employees | 2,464 |
Revenue | 845M USD (2023) |
Cumulus Media is an owner and operator of AM and FM radio stations in the United States. Cumulus Media was incorporated in 2002 and is headquartered in Atlanta, Georgia.
DEAL STATS | # |
---|---|
Overall | 3 of 6 |
Sector (Media) | 2 of 5 |
Type (Add-on Acquisition) | 3 of 6 |
State (Nevada) | 1 of 1 |
Country (United States) | 3 of 6 |
Year (2011) | 2 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2011-08-01 |
Cumulus Media Partners
Atlanta, Georgia, United States Cumulus Media Partners, LLC owns and operates radio broadcasting stations. The company, through its AM and FM radio stations, serves listeners, communities, advertisers, and agencies in Dallas, Houston, San Francisco, Atlanta, Cincinnati, Indianapolis, York, Albemarle, and Anniston. The company was formerly known as Susquehanna Radio Corp. and it changed its name to Cumulus Media Partners, LLC in May, 2006. |
Buy | $740M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2013-08-30 |
DialGlobal
New York, New York, United States Dial Global is a national audio media company in the U.S., delivering compelling, engaging, and fully-integrated audio content to over 8,500+ radio stations and digital media companies. Dial Global's portfolio of iconic media, sports and entertainment brands, combined with some of the most recognized live events in the world, provide strong and unique brand engagement to over 225 million consumers each week. |
Buy | $260M |