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Cumulus to buy radio rival Citadel Broadcasting

...Citadel Broadcasting in a $1.7 billion deal that would unite two of the nation's largest radio station owners.Cumulus Media Inc. said today it is paying $37 per share for Citadel Broadcasting Corp.Cumulus says the enterprise value of the...

http://chronicle.augusta.com/latest-news/2011-03-10/cumulus-buy-radio-rival-cita
Latest News
Panelists clash in radio debate

...Federation lunchtime meeting. The choice of topics - local radio - was particularly well-timed. On Tuesday, Cumulus Media Inc. announced the sale of its Augusta-area cluster of stations to Clear Channel Communications, a deal that was...

http://chronicle.augusta.com/stories/2000/10/06/bus_298353.shtml
Business
Business briefs: Stock exchange has quiet, mixed finish

...11-to-7 margin on the New York Stock Exchange and by a 9-to-5 margin on the Nasdaq. Media owner hires new auditor Cumulus Media Inc. announced Monday it hired KPMG LLP to be the company's financial statement auditor. PricewaterhouseCoopers LLP...

http://chronicle.augusta.com/stories/2000/05/09/bus_287931.shtml
Business
Business briefs: Carrier reverses air fare increases

...appeared those airlines had rolled back the leisure increase. Company names replacement chief Milwaukee, Wis.-based Cumulus Media Inc. announced Monday the appointment of Martin R. Gausvik as executive vice president, treasurer and chief financial...

http://chronicle.augusta.com/stories/2000/05/16/bus_288886.shtml
Business
Business briefs

...down from 1.29 billion Wednesday. Media group posts record earnings Clear Channel Communications, which acquired Cumulus Media Inc.'s Augusta radio stations at the beginning of October, has announced the best quarter in its history, with record...

http://chronicle.augusta.com/stories/2000/10/27/bus_302450.shtml
Business
The changing face of Augusta radio

...cluster, which it acquired from Cumulus Media Inc. in 2000. Early days Today...stations by broadcast giant Cumulus Media Inc. in 1997 marked the beginning...acquiring stations formerly owned by Cumulus Media Inc. In Augusta, the company's...

http://chronicle.augusta.com/stories/2002/02/04/edi_331338.shtml
Editorials
Business briefs

...Year award, had worked for WZNY "Y-105" since 1996. He was fired by the hit-music station's new owner, Cumulus Media Inc., earlier this year. Tensions rise in phone talks WASHINGTON - Talks aimed at settling a 12-day-old strike...

http://chronicle.augusta.com/stories/2000/08/18/bus_295832.shtml
Business
Business briefs

...of 7.29 percent, down from last week's rate of 7.32 percent. Media firms will transfer holdings ATLANTA - Cumulus Media Inc., owner of the second-largest number of radio stations in the country, will transfer 55 stations in 10 markets...

http://chronicle.augusta.com/stories/2000/07/29/bus_293855.shtml
Business
Radio group gets new control

...Pizzati, who was unabashed about his take-no-prisoners attitude in past media reports, chose to remain with Cumulus Media Inc. after its Augusta station cluster was purchased by Clear Channel in October. He was viewed by some in the community...

http://chronicle.augusta.com/stories/2001/03/21/bus_308726.shtml
Business
Radio station to apologize for smoking ban in cars hoax

...plans to send letters of complaint to the station and Cumulus' corporate offices. Cumulus Broadcasting is part of Cumulus Media Inc., based in Atlanta. The city received 875 calls because of the report, disrupting normal telephone traffic...

http://chronicle.augusta.com/stories/2004/11/18/biz_434730.shtml
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