Bids Due For Charles River Group
Ron Bello
RBello@BelloAssoc.com
Fri Dec 2 22:52:42 EST 2005
At 10:24 PM 12/2/2005, you wrote:
>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.
Didn't Infinity have to sell Boston stations when they bought American Radio ?
Thought they were at the ownership limit.
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