Excelsior Acquires Radio Data Group

EXCELSIOR RADIO NETWORKS has acquired RADIO DATA GROUP (RDG), a VIRGINIA-based company that provides software tools to radio stations for web publishing and listener interactivity. EXCELSIOR had owned 20% of RDG’s common stock and earlier this month acquired the remaining outstanding shares from CBS RADIO and a private investor. Terms of the transaction have not been disclosed. MICHAEL RAU, RDG’s CEO and founder, continues as CEO of RDG.

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