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Citadel, Cumulus Extend Deadline For Citadel Shareholders To Choose Compensation
September 9, 2011 at 2:55 PM (PT)
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TODAY (9/9) was supposed to be the deadline for CITADEL BROADCASTING stockholders to send in their election forms for the kind of consideration they want from CUMULUS MEDIA for their stock or warrants as part of the merger through which CUMULUS is acquiring CITADEL, but the deadline has now been extended to next THURSDAY (9/15) at 5p (ET).
The extension corresponds the deadline with the date of the meeting of CITADEL's stockholders to vote on the merger.