Regent to Buy Radio Station

  • January 9, 2001
Regent communications Inc. announced that it has signed a definitive agreement with NextMedia Group, Inc. to acquire radio station "The Point" at 102.3 (currently known as WJET-FM) serving the Erie, Pennsylvania market, for a total of $5.0 million in cash. Regent anticipates closing this transaction in the first half of 2001, pending regulatory approval and the satisfaction of other customary conditions.
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