The US DOJ announces that it would condition its approval of a proposed merger in the radio advertising market on the divestiture of three radio stations in two overlap markets (Cumulus Media / Citadel Broadcasting)

On September 8, 2011, the U.S. Department of Justice (“DOJ”) Antitrust Division announced that it would condition its approval of Cumulus Media Inc.’s proposed merger with Citadel Broadcasting on the divestiture of three radio stations in two overlap markets [1]. In its court filings, the DOJ emphasized that the proposed transaction would result in Cumulus/Citadel controlling more than 40 percent of the radio advertising market in the Harrisburg-Lebanon-Carlisle,

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Michael Cohen, Eric Dodson Greenberg, Matthew L. Gibson, The US DOJ announces that it would condition its approval of a proposed merger in the radio advertising market on the divestiture of three radio stations in two overlap markets (Cumulus Media / Citadel Broadcasting), 8 September 2011, e-Competitions Bulletin September 2011, Art. N° 74734

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