CBS swaps with Jacor but not in Boston....

[Mark Shneyder <mshbc@bu.edu>]

A day after FCC blessed the ARS-CBS merger, CBS swapped
WOCT (FM) and WCAO (AM) in Baltimore; KLOU
(FM) and KSD (FM) in St. Louis; and KUFX (FM)
and KOME (FM) in San Jose for Jacor's  KMJZ (FM) and KSGS
(AM) in Minneapolis and WHOK (FM), WLVQ (FM) and WAZU (FM) in Columbus.

This swap satisfies the divestiture requirements which the Department
of Justice and the Federal Communications Commission had previously
established in the pending acquisition by  CBS of American Radio Systems'  (ARS)
radio broadcast operations in Baltimore, St. Louis and San Jose.

However, diversture requirement for Boston still remains....Not for long,
I hear. Strong rumor has Disney buying WRKO/WEEI combo for lots of
cash...Stay tuned.

- -M

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