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Cumulus

R

radiotwit

I see someone is making a bid to buy Cumulus (KMJ A/F Mega, Y101 KSKS) Fresno and other markets
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Report: Jeff Warshaw Leads Effort To Acquire Cumulus Media.
A consortium of investors led by Connoisseur Media CEO Jeff Warshaw has made an offer to acquire Cumulus Media for close to $1.2 billion, including debt, according to a story in Reuters. Warshaw reportedly told Cumulus he would be willing to take the Atlanta-based broadcaster private for $15-$17 per share, Reuters says, based on people familiar with the matter. READ MORE
 
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