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Mergers & Acquisitions

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Deal Overview

Buyer:
NextMedia Group, Inc.
Actual Acquirer:
NextMedia Operating, Inc.
Target:
WZCH-FM
Deal Type:
Media & Entertainment
Agreement Date:
1/14/2004
Announcement Date:
1/14/2004
Announced Deal Value ($ M):
5.00
Status:
Completed
Completion Date:
5/19/2004

Consideration Breakout
Cash ($M) 5.0

Deal Terms
Description of Consideration

NextMedia Group Inc. paid $5.0 million in cash, including $250,000 in escrow, to acquire WZCH-FM 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 Weil Gotshal & Manges LLP
Seller NA NA