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Clear Channel expands in New England

Clear Channel agreed to buy 6 FM stations in Bangor,
Maine, from Eastern Radio Assets for $20 million. 
Broker was CEA. 

Also, word on the Street is that Entercom is about to
put itself on the block(too much debt, no large
market operations, except Boston and Seattle). CC wants
Entercom's stations in Boston to form a large New
England presence. I also heard that another group already operating in Boston wants to talk to
Entercom about Boston cluster...


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