The FCC last week approved Thomas Hicks' $2.1 billion acquisition of the 81-station SFX Broadcasting group.(Brief Article)

Broadcasting & Cable, May, 1998

Regulators granted Hicks a series of ownership waivers but required him to transfer control of seven stations and to comply with the terms of a March settlement agreement with the Justice Department. That agreement calls for Hicks to divest stations in New York, Pennsylvania, South Carolina, Texas and Mississippi.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a>)

advertisement
Click Here
advertisement
advertisement