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FeedsFarm.com > Peak Broadcasting to Purchase Radio Stations From CBS

Peak Broadcasting to Purchase Radio Stations From CBS

17th Nov 2006, 07:51 GMT

TUCSON, Ariz., Nov. 16 /PRNewswire-FirstCall/ -- Peak Broadcasting LLC today announced the signing of a definitive agreement to acquire radio stations in Fresno California, the nation's sixty-seventh largest market, from CBS Corporation (NYSE: CBS; CBS.A) for $90 million in cash.

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