W’HOUSE, INFINITY MERGER NEAR

Westinghouse Electric Corp. and Infinity Broadcasting have scheduled separate shareholder meetings Tuesday to formally approve Westinghouse’s $3.9 billion buyout of the radio broadcaster, giving the combined company an unmatched 77 stations in 13 major markets. Infinity’s meeting, at 9:30 a.m. (EST), and Westinghouse’s, at 1:30 p.m., will both be held at the Parker Meridien Hotel, where several hundred shareholders are expected to overwhelmingly approve the merger.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Scene News from Variety

Loading