Clear acquires WAXY

Clear Channel Communications Inc. has filed with the Federal Communications Commission to acquire all the assets of WAXY-FM radio from Ackerley Communications Inc. for $ 14 million. WAXY, which serves the Miami metropolitan area, is under a local marketing agreement with Metroplex Communications Inc., which owns WHYI-FM in Miami.

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    Clear Channel Communications Inc. has filed with the Federal Communications Commission to acquire all the assets of WAXY-FM radio from Ackerley Communications Inc. for $ 14 million. WAXY, which serves the Miami metropolitan area, is under a local marketing agreement with Metroplex Communications Inc., which owns WHYI-FM in Miami.

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