Citadel Registers New Stock
June 8, 2010 at 4:16 AM (PT)
CITADEL BROADCASTING has registered its new stock with the SECURITIES AND EXCHANGE COMMISSION.
The filing registered 100 million Class A common stock with full voting rights shares along with the same amount of convertible Class B common stock with limited voting rights and 50 million preferred shares, although the company is initially intending to issue only a portion of the Class A shares for trading.
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