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Article: Cox Radio, Inc. Forms Special Committee to Evaluate Cox Media Group's Tender Offer.
- Article from:
- PR Newswire
- Article date:
- April 1, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. 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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ATLANTA, April 1 /PRNewswire-FirstCall/ -- Cox Radio, Inc. announced today that its board of directors has formally formed a special committee to consider the tender offer commenced by Cox Media Group, Inc., a wholly-owned subsidiary of Cox Enterprises, Inc., on March 23, 2009 for all of the outstanding shares of our Class A common stock not otherwise owned by Cox Media Group at $3.80 per share.
The special committee consists of Juanita P. Baranco and Nick W. Evans, Jr. Our board of directors has determined that each member of the special committee is an independent director for purposes of considering the tender offer. The members of the special committee have ...
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