Webcast

Third Quarter 2020 Earnings Conference Call
Thursday, November 05, 2020
5:00 PM ET

Mergers & Acquisitions

Return to Mergers & Acquisitions

Deal Overview

Buyer:
Newsweb Corporation
Actual Acquirer:
Newsweb Corporation
Target:
2 radio stations
Deal Type:
Media & Entertainment
Agreement Date:
1/15/2004
Announcement Date:
1/15/2004
Announced Deal Value ($ M):
24.00
Status:
Completed
Completion Date:
5/19/2004

Consideration Breakout
Cash ($M) 24.0

Deal Pricing Ratios

Announcement Completion
Cash Flow Multiple (x) 16.0 16.0
Deal Terms
Description of Consideration

Newsweb Corp. paid $24.0 million in cash, including $1.00 million in escrow, to acquire 2 radio stations from Entravision Communications Corp.

Accounting Method Purchase
Merger of Equals? No
Bankruptcy Sale? No
Minimum Termination Fee ($ 000) 0
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer No NA
Seller Yes MVP Capital LLC
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Holland & Knight LLP
Seller No NA