This is getting to be a habit – Townsquare trying to sell itself.
A few years ago, they tried and found no takers.
We’ve learned this time, they actually had interested potential buyers but the prospects reportedly didn’t like the way they were handled.
The last prospect standing finally walked a few weeks ago.
What’s fascinating is not so much the usual considerations, but Townsquare’s unorthodox way of trying to sell itself.
Now Townsquare’s owners, Brookfield Asset Management, has a real problem.
Recent Posts
- AI Insights from My NYU Music Business Class
- Cumulus Just Blinked
- Urban One’s Nuclear Option
- Inside iHeart’s “Guaranteed Human”
- iHeart Mismanagement Exposed
- The Trojan Horse Deal to Rope in Station Buyers
- iHeart Cooked the Essential AM/FM Car Study
- How iHeart Blew the TuneIn Deal
- The Perfect Buyer Waits for Cumulus
- Beasley Asset Sales Plausible