Cumulus originally spent $260 million to buy Westwood One and with that acquisition buried itself in debt.
But does Cumulus really need Westwood One now?
- Who is the “surprise buyer” who could make Mary Berner a very nice offer.
- What’s wrong with Westwood One?
- Why Westwood One would be better off in the hands of a new owner.
- The two radio groups that need Westwood One more than Cumulus.
- What’s the scenario under which Westwood takes on this investment partner.
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