M&A Deal Summary |
|
|---|---|
| Date | 2019-04-15 |
| Target | 95.5 KLOS |
| Sector | Media |
| Buyer(s) | Meruelo Group |
| Sellers(s) | Cumulus Media |
| Deal Type | Divestiture |
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Meruelo Group provides a diversified portfolio of affiliated companies across a wide range of industries including: Construction and Engineering, Hospitality and Gaming, Television, Radio, Real Estate, Food Services and Private Equity. Meruelo Group was founded in 1986 and is based in Downey, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Media M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2019 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 2002 |
| Sector | Media |
| Employees | 2,250 |
| Revenue | 827M USD (2024) |
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 | 2 of 2 |
| Sector: Media M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2019 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-13 |
Cumulus Media - NASH FM 94.7
New York, New York, United States Cumulus Media, Inc. - NASH FM 94.7 is a highly rated, award-winning radio station. |
Sell | - |
