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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