Cox Explains To FCC Why It Won’t Sell WPYO To SBS


WASHINGTON, D.C. — As promised on November 19 by noted Houlihan Lokey media broker Elliot Evers, administrator of the “CXR Radio Station Trust, lawyers representing Apollo Global Management-controlled Cox Media Group and the trust have filed its Reply Comments in what’s officially “Media Bureau Docket No. 19-98” in “a timely fashion.”

To little surprise, the stance that CMG, and Evers, are taking is largely defensive, expressing the belief that poor economic conditions present an opportunity with precedent for the Commission to extend a divestiture deadline tied to Apollo’s majority ownership acquisition of Cox Media Group.

Making the argument on behalf of Evers? David Oxenford.

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