Regent Gets FTC Nod For CBS Buffalo Deal
September 27, 2006 at 6:16 AM (PT)
REGENT COMMUNICATIONS has received FEDERAL TRADE COMMISSION approval of its purchase of five BUFFALO market stations from CBS for $125 million.
The approval clears the way for REGENT to take over the stations in an LMA in OCTOBER; the FTC has granted early termination of the antitrust waiting period for closing of the deal. REGENT is buying Urban WBLK, Adult Hits WBUF (92.9 JACK FM), AC WJYE, Country WYRK, and Classic Country WECK-A from CBS.