Net News search results for: oaktree capital
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June 4, 2009
Are Clear Channel Lenders Rooting For Default?
Some of the largest lenders to the private equity groups that led the $23.8 billion buy-out of CLEAR CHANNEL COMMUNICATIONS intend to turn down a proposed debt exchange, hoping to drive the radio and outdoor advertising company towards default, reports … more »
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June 3, 2009
GAP Adds Third Radio Division, Names Donahoe Pres.
GAP BROADCASTING GROUP has added a third division, GAP EAST, which will focus on acquiring and managing radio properties in markets east of the MISSISSIPPI RIVER. The company has also appointed JAMES P. DONAHOE as GAP EAST's President. GAP EAST … more »
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October 24, 2008
Interep Writes Final Chapter (7)
ALL ACCESS has learned that INTEREP Vice Chairman and CEO DAVID KENNEDY told the rep firm's management on a conference call this morning that the company plans to close in the "near term" after converting its bankruptcy from Chapter 11 to … more »
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September 17, 2008
NAB Show Update: Group Heads On The State Of Radio, PPM Generates Heated Views
The discussions in the panels during the first day of the NAB convention in AUSTIN were lively, pointed and predominantly sobering. While the radio group heads looked at radio's current situation as a positie challenge, analysts were less than … more »
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June 20, 2008
Triton Radio Networks/Dial Global Acquires Jones Media Group
TRITON RADIO NETWORKS/DIAL GLOBAL has acquired JONES MEDIA GROUP for an undisclosed amount. Under the deal, effective immediately, JONES MEDIAAMERICA will combine with DIAL GLOBAL under DIAL GLOBAL co-Presidents/CEOs DAVID LANDAU and KEN … more »
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April 15, 2008
GAP Ups Weller To Managing Dir.; Hellum GAPWEST Pres.
GAP WEST Pres. SAMUEL "SKIP" WELLER has been appointed Managing Director at GAP BROADCASTING GROUP, the parent company of GAPWEST and its sister company, GAP BROADCASTING, LLC. Succeeding him as President of GAPWEST is ERIK HELLUM, who will … more »
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March 31, 2008
Interep Restructures And Gets New Financing
INTEREP announced TODAY (3/31) that it has entered into a consensual balance sheet restructuring to be implemented through a Chapter 11 plan of reorganization. This agreement, which is supported by INTEREP’s largest bondholders, funds managed by … more »
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November 5, 2007
Triton Media Group Acquires Excelsior's Dial Global And MJI Interactive For $100 Million +
UPDATE: As ALL ACCESS reported exclusively on SATURDAY (NET NEWS 11/3), TRITON MEDIA GROUP, LLC, announced the purchase of EXCELSIOR RADIO NETWORKS, which owns DIAL GLOBAL and MJI INTERACTIVE and its subsidiaries, from LINCOLNSHIRE MANAGEMENT, … more »
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November 3, 2007
Triton Media Group Acquires Excelsior's Dial Global and MJI Interactive
In a late breaking story over the weekend, TRITON MEDIA GROUP, LLC, has announced TODAY (11/3) the purchase of EXCELSIOR RADIO NETWORKS which owns DIAL GLOBAL and MJI INTERACTIVE and its subsidiaries, from LINCOLNSHIRE MANAGEMENT, for an undisclosed … more »
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April 2, 2007
Private Firms Buy Into LBI
Private equity firms OAKTREE CAPITAL MANAGEMENT and TINICUM CAPITAL PARTNERS II have purchased about 39% of LBI MEDIA. The investment cost the buyers about $155 million for 113 shares. The proceeds of the sale will be used to repay indebtedness and … more »