.

New Deal

New Deal

Announced

2 Feb 2017

Completed

17 Nov 2017

CBS RADIO INC / ENTERCOM COMMUNICATIONS CORPORATION / CBS CORPORATION / Merger / Public / £2379m

Financials

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Transaction Value-

Consideration Type-

Capital Owned-

Capital Bid For-

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

target

Cbs Radio

bidder

Entercom Communications Corporation

vendor

Cbs Corporation

Sources

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Tags

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radio broadcasting

Radio and TV Broadcasters

Public

Merger

Completed

Friendly

Single Bidder

United States

Synopsis

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Merger between Entercom Communications and CBS Radio, to create a nationwide preeminent radio platform.

Service Providers (3)

Dealmakers

financial advisors

Jp Morgan

legal advisors

Latham & Watkins

legal advisors

Wachtell Lipton Rosen & Katz

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