×

Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

Liberty stations sold

Published on .

SFX Broadcasting, New York, said it has entered into a definitive agreement to purchase Liberty Broadcasting, owner-operator of 19 radio stations in six markets. The purchase price is $223,225,000. SFX plans to transfer 11 of these stations to Multi-Market Radio for $100,100,000. SFX Broadcasting will retain stations serving the Washington, Baltimore and Long Island, N.Y., markets. SFX said its business plan is to concentrate on major market stations.

In this article:
Most Popular