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Sillerman Acquisition Corp

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April 9, 1988 | KATHRYN HARRIS, Times Staff Writer
Metropolitan Broadcasting Holding Co., formed two years ago to acquire nine Metromedia radio stations and a Texas radio network for $285 million, said Friday that it has agreed to merge with New York-based Sillerman Acquisition Corp. for a sum in excess of $300 million. Metropolitan's stations include KTWV-FM in Los Angeles, which last year launched a new format called "the Wave," described in some quarters as elevator music for young urban professionals.
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BUSINESS
April 9, 1988 | KATHRYN HARRIS, Times Staff Writer
Metropolitan Broadcasting Holding Co., formed two years ago to acquire nine Metromedia radio stations and a Texas radio network for $285 million, said Friday that it has agreed to merge with New York-based Sillerman Acquisition Corp. for a sum in excess of $300 million. Metropolitan's stations include KTWV-FM in Los Angeles, which last year launched a new format called "the Wave," described in some quarters as elevator music for young urban professionals.
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