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Article: McCaw Cellular Communications Inc. completes credit agreement with full banking group; tender offer for LIN Broadcasting extended to March 2.
- Article from:
- PR Newswire
- Article date:
- February 26, 1990
CopyrightCOPYRIGHT 1990 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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McCAW CELLULAR COMPLETES CREDIT AGREEMENT WITH FULL BANKING GROUP;
TENDER OFFER FOR LIN BROADCASTING EXTENDED TO MARCH 2;
KIRKLAND, Wash., Feb. 26 /PRNewswire/ -- McCaw Cellular Communications, Inc. (NASDAQ: MCAWA) announced it has completed negotiations with its full banking group as to the definitive credit agreement for the financing of its tender offer for 21.9 million shares of stock of LIN Broadcasting Corporation. On Friday evening, February 23, execution copies of the agreement were distributed to the lenders for their signatures and all lenders are expected to have signed by the middle of this week.
In addition, McCaw Cellular ...