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Mergers & Acquisitions

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Deal Overview

Buyer:
AC Acquisition LLC
Actual Acquirer:
AC Acquisition LLC
Target:
WACA-AM
Deal Type:
Media & Entertainment
Agreement Date:
8/7/2000
Announcement Date:
8/7/2000
Announced Deal Value ($ M):
2.50
Status:
Completed
Completion Date:
12/27/2000

Consideration Breakout
Unclassified ($M) 2.4
Cash ($M) 0.1

Deal Pricing Ratios

Announcement Completion
Cash Flow Multiple (x) 10.0 10.0
Deal Terms
Description of Consideration

AC Acquisition LLC paid $2.5 million, including $100,000 in escrow, to acquire WACA-AM from Entravision Communications Corp.

Accounting Method Purchase
Merger of Equals? No
Bankruptcy Sale? No
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer Yes Blackburn & Co. Inc.
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Patton Boggs LLP
Seller NA NA