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.

Paxon sells 53 radio stations

Published on .

Paxson Communications Corp., West Palm Beach, Fla., said it will sell its 53 radio stations (42 of them in Florida) and its outdoor ad division to Clear Channel Communications Corp., for $693 million cash. Paxson recently purchased WBIS-TV, New York, for an estimated $258 million and cable TV's Travel Channel for $75 million.

Copyright June 1997, Crain Communications Inc.

Most Popular
In this article: