CBS gets nod for radio buy

Published on .

Most Popular
CBS Corp. said the U.S. Justice Department approved its acquisition of American Radio Systems, the fifth- largest radio broadcasting company in the U.S. with 98 stations. To win Justice Department approval, the companies will divest stations in Baltimore, Boston and St. Louis. Federal Communications Commission approval of the acquisition is still required.

Copyright March 1998, Crain Communications Inc.

In this article: