Re: WMAL hostile bid takeover - prononces "application for new ownership" by new 'unknown investor group'
Posted by:
Larry Occonors Well Oiled Butt
()
Date: April 04, 2018 11:29AM
98kfds Wrote:
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> could democrats have used tax money to do a
> hostile take-over of the ONLY republican voice in
> DC area? they could have, yes. (ie, Microsoft
> gets tons of money from Government sales which may
> be steered by democrats, a 'radio' take-over a
> back door deal. Microsoft MSNBC is only an
> example: democrats have many of these tax
> subsisting companies under their wing)
Cumulus broadcasting, owners of WMAL, is in bankruptcy reorganization. .Therefore a hostile bid takeover of one of its assets is impossible.
Asset sale maybe. But nothing has been announced.