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Entercom Shareholders Approve CBS Radio Deal
November 15, 2017 at 1:17 PM (PT)
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ENTERCOM shareholders approved the company's acquisition of CBS RADIO today (11/15), voting to pass the merger that is now expected to close on FRIDAY (11/17).
The PHILADELPHIA INQUIRER reports that today's shareholder meeting at company headquarters in BALA CYNWYD, PA, chaired by company founder JOE FIELD, drew an attendance of four people. The combined operation will own 235 stations in 48 of the top 50 markets.