Gores Group invests more in WW1

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Westwood One announced that Gores Group has closed the second tranche of its investment in WW1. It bought an additional 7,142,857 shares of WW1 stock for 12.5 million bucks. Don’t bother to look for a calculator – that’s 1.75 per share. Gores now owns 14,285,714 shares of Westwood One.