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Mergers & Acquisitions

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Deal Overview

Buyer:
Entravision Communications Corporation
Actual Acquirer:
Entravision Communications Corporation
Target:
KRCY-FM
Deal Type:
Media & Entertainment
Agreement Date:
6/27/2002
Announcement Date:
6/27/2002
Announced Deal Value ($ M):
12.43
Status:
Completed
Completion Date:
12/10/2002

Consideration Breakout
Cash ($M) 12.4

Deal Terms
Description of Consideration

Entravision Communications Corporation paid approx. $12.4 million in cash, including $725,000 in escrow, to acquire KRCY-FM from Spectrum Scan LLC.

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 Jorgenson Broadcast Brokerage
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Foley & Lardner LLP
Seller Yes Fletcher Heald & Hildreth PLC