Radio News

Entercom Communications acquiring Lincoln Financial Media

December 8, 2014

Entercom Communications has reached an agreement to acquire Lincoln Financial Media from the Lincoln Financial Group for $105 million. The purchase includes fifteen stations in four markets. Those four markets are Atlanta, Denver, Miami, and San Diego. The deal is estimated to be finalized in the second quarter of 2015. After the deal is closed Entercom will have more than 130 stations in 26 markets.