Bids Due For Charles River Group

[rogerkirk]

Informed anonymous sources told Billboard Radio Monitor bids for the Charles River Broadcasting group were due by the close of business today. No immediate action is expected on the bids.  Word in a "Few Weeks" is an educated guess.

Billboard's Monitor estimates WCRB could fetch as much as $100 million.

Greater Media, Infinity, Clear Channel and Entercom were expected to deliver bids. 

No word on out-of-market bidders.