Chris Egan drops plans to buy WBIX

[SteveOrdinetz]

Bob Nelson wrote:
>from Boston.com/AP: Christopher Egan said Thursday that he has backed out 
>of plans to purchase business radio station WBIX in the wake of the 
>investment scandal and attempted suicide by its current owner, Bradford C. 
>Bleidt.
>
>Egan, the son of EMC Corp. founder Richard Egan, announced he was 
>withdrawing from the deal to clear the way for a court-appointed receiver 
>to recover assets of investors that Bleidt has admitted to cheating.

Can't say as I blame him.  This has the potential to turn into a major can 
of worms.