Friday, Dec. 2, 2005ABC Radio Sale A Done Deal?
Sources close to the pending sale of ABC Radio tell R&R that Entercom will likely emerge as the victorious bidder for its assets. Insiders tell R&R that an official announcement regarding the sale of Disney-owned ABC Radio could come as early as today. No further details were available at press time. Disney has said that the Radio Disney and ESPN Radio assets will not be included in any divestment scenarios