Search the web
Welcome, Guest
[Sign Out, My Account]

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
CMLS > SEC Filings for CMLS > Form 8-K on 14-Nov-2013All Recent SEC Filings

Show all filings for CUMULUS MEDIA INC



Completion of Acquisition or Disposition of Assets

Item 2.01 - Completion of Acquisition or Disposition or Assets.

On November 14, 2013, Cumulus Media Inc. ("Cumulus") completed the sale to Townsquare Media, LLC ("Townsquare") of 53 radio stations in 12 small and mid-sized markets for approximately $238.0 million in cash, and the swap with Townsquare of 15 radio stations in two small and mid-sized markets in exchange for five radio stations in Fresno, California (together, the "Townsquare Transaction"). Cumulus intends to use the cash proceeds from the Townsquare Transaction to fund a portion of the purchase price payable to complete its previously announced acquisition of Dial Global, Inc., now known as WestwoodOne. This acquisition is expected to be completed in the fourth quarter of 2013. Item 9.01 - Financial Statements and Exhibits.

(d) Exhibits.

   Number           Exhibit

    99.1            Unaudited pro forma condensed consolidated balance sheet of
                    Cumulus Media Inc. as of September 30, 2013 and unaudited
                    pro forma condensed consolidated statements of operations of
                    Cumulus Media Inc. for the nine months ended September 30,
                    2013 and for the years ended December 31, 2012, 2011 and
                    2010, and notes related thereto.

  Add CMLS to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for CMLS - All Recent SEC Filings
Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.