The nation's third-largest radio broadcaster, Citadel Broadcasting, said it's in exclusive negotiations to sell itself to second-largest Cumulus Media in a deal valued at more than $2.4 billion.
WSJ.com: What's News US, Wall Street Journal
Thu, 02/17/2011 - 3:47pm
The nation's third-largest radio broadcaster, Citadel Broadcasting, said it's in exclusive negotiations to sell itself to second-largest Cumulus Media in a deal valued at more than $2.4 billion.