Originally Posted On Sep 23, 2008 5:31 PM ET
By Jeffrey Yorke
Weeks ago, CBS began trolling for offers for some 50 of its radio stations in a dozen markets ranked 20 and below, and by its Monday evening (Sept. 22) bid deadline it had "received a number of compelling offers," CBS Radio spokeswoman Karen Mateo tells R&R. "We're evaluating them and will sit down with possible buyers soon. There is no specific timetable because we don't have to sell. As for number of stations and markets, we've only said that we are looking at approximately 50 mid-size stations."
The stations up for grabs are in such markets as Baltimore, Cleveland, Pittsburgh, Las Vegas and San Diego.
By Jeffrey Yorke
Weeks ago, CBS began trolling for offers for some 50 of its radio stations in a dozen markets ranked 20 and below, and by its Monday evening (Sept. 22) bid deadline it had "received a number of compelling offers," CBS Radio spokeswoman Karen Mateo tells R&R. "We're evaluating them and will sit down with possible buyers soon. There is no specific timetable because we don't have to sell. As for number of stations and markets, we've only said that we are looking at approximately 50 mid-size stations."
The stations up for grabs are in such markets as Baltimore, Cleveland, Pittsburgh, Las Vegas and San Diego.