Cumulus Adds a Second FM in Houston - Radio World

Cumulus Adds a Second FM in Houston

Cumulus Adds a Second FM in Houston
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Cumulus signed a deal to buy KVST(FM) in La Porte, Texas, from New Wavo Communication Group for $32.2 million, with all but $1 million of that in Cumulus stock, the rest in cash. The group expects to close the deal and sign the station on next year.

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