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Re: CUMULUS in Bangor, ME

Citidel, eh?  Hmmmm  that would be a switch in the
right direction for them because thye are going to be
selling their station in presque isle, ME... Or,
trying to at least....

--- Jeremy Mixer <mixer@zoso.net> wrote:
> On Mon, 27 Aug 2001, Cooper Fox wrote:
> > maybe i am gonna sound like a dopeslap for not
> knowing
> > this, but has anyone heard about the cumulus
> cluster
> > in bangor being up for sale?
> >
> Wow Clear Channel Boy.......first I've heard of that
> :)
> I haven't heard a thing, although it wouldn't
> suprise me.....the company
> is still not in nearly as good of a shape as they
> were before their stock
> fell so far....when I was working over there is was
> somewhere between $1
> and $2 a share and I think there are around $8 now,
> they were selling off
> various clusters left and right....teh
> Augusta/Waterville share being sold
> to Cumulus happened during this time....that was
> abck while I was working
> for them.....while they haven't had a lot of sales
> recently, in a way it
> wouldn't suprise me.
> But on the other hand, it would suprise me in a way
> because WBZN and WQCB
> are right at the top of teh ratings, but that could
> mean big money too.
> There was rumor of some talks with Citadel while I
> was there, so if anyone
> buys them I'd think it would most likely be
> Citadel...

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