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Dick Broadcasting Expands Footprint to 20 Stations

Y2kTheNewOldies

Y2kTheNewOldies

http://news.radio-online.com/cgi-bin/rol.exe/headline_id=b15179

The stations affect North Carolina, Georgia and South Carolina

Dick Broadcasting Company, headed by CEO and Owner Allen Dick, is expanding its footprint from two stations in Greensboro-Winston-Salem, NC, to twenty stations across North Carolina, South Carolina and Georgia, having signed a definitive acquisition agreement with Alpha Media. The markets include Greenville-New-Bern NC, Myrtle Beach SC and Savannah-Hilton Head. Terms were not immediately disclosed.

Dick Broadcasting COO Dick Harlow commented, "This acquisition is a natural next step as we move into the third generation of ownership in the Dick family. I could not be happier to be able to work with Larry Wilson and Bob Proffitt at Alpha on this acquisition. It's ironic, for DBC sold a majority of their broadcast properties to Larry back when he was running Citadel Broadcasting, and now 17+ years later, we expand our footprint by acquiring stations from him."
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