Probed and Revealed: An L.A. Steal, A MVP Swap

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To the surprise of no one, Cumulus Media on Monday afternoon announced that it is selling venerable Rocker KLOS-FM 95.5 in Los Angeles to locally owned Meruelo Media.


The sale price may have been the most surprising aspect of this deal.

At the same time, a swap with Connoisseur Media was had. The asset purchase agreement for this deal has been filed with the FCC, and it shows who brokered the deal, along with the well-known legal counsel involved.

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