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Spanish Broadcasting System completed the acquisition of two FM radio stations in Orlando and Tampa Bay from Cox Media for $12.5m.

Synopsis

Spanish Broadcasting System, an owner and operator of radio stations, completed the acquisition of two FM radio stations in Orlando and Tampa Bay from Cox Media,a media conglomerate, for $12.5m. "The addition of this powerful "El Zol" Orlando/Tampa duopoly makes SBS the largest Spanish radio owner in the state of Florida. We look forward to super-serving our audiences and advertisers in the Sunshine State and across the nation with the best radio, digital audio and live events content, including the most popular and iconic on-air talent, geared specifically for today's influential Hispanic consumer," Raúl Alarcon, SBS Chairman and CEO.

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