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Television & Radio M&A image Television & Radio M&A » By The Online Investor Staff, updated Thu., Apr. 18, 8:00 PM Recent mergers and acquisitions in the Television & Radio M&A category.

This Slide: #36 of 63

Slide #36. Dial Global, Inc. — Cumulus Media

Acquirer: Dial Global, Inc. (DIAL)
Acquiree: Cumulus Media (CMLS)
Details: Dial Global, Inc. (OTC Pink: DIAL) (the "Company") announced today that Dial Global and Cardinals Merger Corporation, a wholly-owned subsidiary of Cumulus Media Inc. ("Cumulus"), have entered into an agreement and plan of merger ("Merger Agreement"). As described in more detail in a Form 8-K filed earlier today by Cumulus (NASDAQ: CMLS), Cardinals Merger Corporation will merge with and into Dial Global and Dial Global will become a wholly owned subsidiary of Cumulus. The merger is subject to customary closing conditions and other conditions set forth in the aforementioned Form 8-K.

Dial Global is a network radio company that distributes, produces, and/or syndicates programming and services to radio stations including representing/selling audio content of third-party producers. Co. produces and/or distributes news, sports, music, talk and entertainment radio programs, services and digital applications. In addition to its programming, Co.'s content and services provided through its TM Studios include prep services, music libraries, radio and television station imaging packages, production music, jingles and its digital properties. Co. provides its services to three customer groups: radio stations, advertisers/agencies, as well as content producers.

Open the DIAL Page at The Online Investor »

Dial Global is a network radio company that distributes, produces, and/or syndicates programming and services to radio stations including representing/selling audio content of third-party producers. Co. produces and/or distributes news, sports, music, talk and entertainment radio programs, services and digital applications. In addition to its programming, Co.'s content and services provided through its TM Studios include prep services, music libraries, radio and television station imaging packages, production music, jingles and its digital properties. Co. provides its services to three customer groups: radio stations, advertisers/agencies, as well as content producers.

Open the CMLS Page at The Online Investor »

DIAL — Key Stats (updated Wed., Nov. 28, 10:14 AM)
Company Name:  Dial Global Inc.
Website:  www.westwoodone.com
Sector:  Television & Radio
CMLS — Key Stats (updated 9 hours, 24 minutes ago)
Company Name:  Cumulus Media Inc
Website:  www.cumulusmedia.com
Sector:  Television & Radio
Number of ETFs Holding CMLS:  3
Total Market Value Held by ETFs:  $1.87M
Total Market Capitalization:  $47.00M
% of Market Cap. Held by ETFs:  3.97%
 

April 18, 2024  •  8:00 PM Eastern
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