Cumulus Sells Albany & Green Bay Stations Out Of Divestiture Trust
Cumulus Media’s Mainstay Station Trust has found buyers for two of the three stations they were required to divest as part of the company’s bankruptcy restructuring that eliminated their grandfathered status.
Educational Media Foundation will acquire Country “104.9 Nash-FM” WPCK Denmark/Green Bay WI for $512,000. EMF’s “K-Love” is currently heard in the market on rimshot 90.5 WPFF Sturgeon Bay, while “Air 1” is not heard in the market.
The sales leave Sports “106.5 The Ticket” WTOD Delta/Toledo as the only station in the divestiture trust.