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Article: Westwood One stock a 'buy.'(Westwood One Radio Networks)(Brief Article)
- Article from:
- Broadcasting & Cable
- Article date:
- September 2, 1996
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Copyright informationCOPYRIGHT 1996 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Industry analysts at UBS Securities have rated Westwood One Radio Networks' stock as a "buy." UBS cited double-digit increases in cash flow for the second quarter and a relatively low per-share price as a result of the merger of Westinghouse/CBS Radio and Infinity Broadcasting announced earlier this year. Infinity owns approximately 26% of Westwood ...
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