Entercom Shareholders Approve Merger

Eric Rhoads - Chairman Deborah Parenti - Publisher

By

Radio Ink

November 15, 2017

As expected, Entercom shareholders have approved the company’s merger with CBS Radio. Philly.com reports that only four shareholders attended the special meeting to vote on the deal. 

The deal is expected to close tomorrow, putting all CBS Radio stations under the management and leadership of Entercom. Philly.com further reported that Entercom will have the right to use CBS Radio branding for up to a year after the merger closes.