[Swprograms] Slightly OT: Air America Radio has a buyer
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[Swprograms] Slightly OT: Air America Radio has a buyer



Quoting an AP item in Allentown's newspaer:

NEW YORK -- Air America Radio, a liberal talk radio network, said
Monday that it had reached a tentative agreement to be sold to the
founder of a New York area real estate company. The network also said
that Al Franken, its longtime headline personality, would depart next
month.

The agreement with Stephen Green, the founder and chairman of SL Green
Realty Corp., appears to rescue the struggling network, which has been
seeking a buyer since last fall when it filed for bankruptcy
reorganization after reaching an impasse with one of its creditors.

-- 
Richard Cuff / Allentown, PA  USA

International broadcasting / shortwave blog:
http://www.intlradio.blogspot.com
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