Main Page 

 Latest News 

 Radio Stations 

 Station Owners 

 People 

 Shows 

 Airchecks 

 In-depth 

 CNY Radio Store 

 Comic Strip 

 Pictures 

 Ratings 

 Links 

 Terms of Use 
Citadel IPO raises $418 million

Friday, August 01, 2003

NEW YORK, NY -- Citadel Broadcasting collected a whopping $418 million on its sale of 12 million shares of common stock during Friday's IPO.

Trading on the New York Stock Exchange under the symbol CDL, the company, which owns and operates 151 FM and 64 AM stations in 44 markets, will use some of the proceeds to pay down its $389 million in debt.

Citadel owns six stations in Central New York: 93Q (WNTQ), 95X (WAQX), Lite 105.7 (WLTI), ESPN Radio 1260 (WNSS), I100 (WIII), and NewsTalk 920 (WKRT).

Options



 Related CNY Radio Links 

 Citadel Broadcasting 

  Copyright © 2001-2005 -- CNYRadioArchive.com