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According to Reuters, Cumulus Media (CMLS) approached by Warshaw-led consortium

  • April 15, 2022

POTENTIAL DEAL DETAILS

StockCumulus Media Inc.SymbolCMLS
Date Announced04/14/2022Source Reuters
TypeUnsolicited BidAcquiring Company/Person A consortium led by U.S. radio station industry veteran Jeff Warshaw

A consortium led by U.S. radio station industry veteran Jeff Warshaw has offered to acquire Cumulus Media Inc (CMLS) for close to $1.2 billion, including debt, people familiar with the matter said.

Update(s):

May 04, 2022:  Cumulus Media (CMLS) Rejects $1.2 billion bid from buyer consortium

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