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Mergers & Acquisitions

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Deal Overview

Buyer:
Entravision Communications Corporation
Actual Acquirer:
Entravision Communications Corporation
Target:
KTCY-FM
Deal Type:
Media & Entertainment
Agreement Date:
8/8/2002
Announcement Date:
8/8/2002
Announced Deal Value ($ M):
35.00
Status:
Completed
Completion Date:
8/23/2002

Consideration Breakout
Cash ($M) 35.0

Deal Terms
Description of Consideration

Entravision Communications Corp. paid $35.0 million in cash, including approx. $1.8 million in escrow, to acquire KTCY-FM from Spanish Broadcasting System Inc.

Accounting Method Purchase
Merger of Equals? No
Bankruptcy Sale? No
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer No NA
Seller Yes Sterling Associates LP
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Thompson Hine LLP
Seller Yes Kaye Scholer LLP