CBS RADIO COMPLETES ACQUISITION OF WASHINGTON, D.C.
RADIO STATION FROM FAMILY STATIONS, INC.
All-News Station Added To Portfolio Of Leading Stations in the Market
CBS RADIO, a division of CBS Corporation, today said it has completed the previously announced deal with Family Stations, Inc. to acquire 107.9 FM in Washington, D.C., bringing to six the number of CBS RADIO stations owned and operated by the Company in the nation’s eighth largest radio market.
Financial terms of the agreement were not disclosed.
As a result of the purchase,CBS RADIO launched an All-News station in the D.C. metropolitan area on Sunday, Jan. 22 on 99.1 WNEW-FM.