Shedding light on GAP


The GAP company that just bought Clear Channel stations in the west is not the same as the GAP company operated by George Laughlin in and around Texas, according to GAP West President Skip Weller. There is a connection between the two — they have the same equity backers, and will share resources where it makes sense, but other than that, both groups will be independent of one another. Weller said the nine-market Clear Channel buy is just the beginning for his group — look for further acquisitions in the same general geographic area.