Cox reaches deal to sell radio station portfolio

//Cox reaches deal to sell radio station portfolio

Cox reaches deal to sell radio station portfolio

First came the TV stations. Now Cox Enterprises is selling its radio portfolio, including Atlanta's WSB AM, B98.5 FM, 97.1 The River and Kiss 104.1. Cox announced Wednesday that it is selling its 60-station radio portfolio as well as its CoxReps and Gamut national advertising businesses “to a new broadcasting company that is substantially owned by private equity funds managed by affiliates of Apollo Global Management LLC.” The transaction will expand the new company, which announced in February…

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By | 2019-06-26T22:13:44+00:00 June 26th, 2019|Media|

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