Westwood One Sets Conference Call To Discuss Merger Plans
September 6, 2011 at 3:41 PM (PT)
WESTWOOD ONE will hold a teleconference call open to the general public to discuss its pending merger with VERGE MEDIA COMPANIES, INC. (DIAL GLOBAL). The call will take place THURSDAY (9/8) at 8:30a (ET) and will discuss the merger, preliminary documents about which were filed with the SEC today outlining how WESTWOOD ONE subsidiary RADIO NETWORK HOLDINGS, LLC will be merged with VERGE in a trade of 6.884183 common shares of WESTWOOD ONE for every VERGE common share, with RADIO NETWORK HOLDINGS emerging as the surviving entity. The remaining entity will trade as "DIAL," retiring the "WWON" stock symbol.
The conference call number is (888) 208-1386 for domestic and (913) 312-0832 for international callers, with participant passcode 9443154. Interested parties are advised to call five minutes in advance.