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Mergers & Acquisitions

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Deal Overview

Buyer:
Entravision Communications Corporation
Actual Acquirer:
Entravision Communications Corporation
Target:
Four FM radio stations
Deal Type:
Media & Entertainment
Agreement Date:
5/24/2000
Announcement Date:
5/24/2000
Announced Deal Value ($ M):
55.00
Status:
Completed
Completion Date:
9/12/2000

Consideration Breakout
Unclassified ($M) 55.0

Deal Pricing Ratios

Announcement Completion
Cash Flow Multiple (x) 17.9 17.9
Deal Terms
Description of Consideration

Entravision Communications Corporation paid $55.0 million to acquire four FM radio stations from Sunburst Media LLC.

Accounting Method Purchase
Merger of Equals? No
Bankruptcy Sale? No
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer Yes Gary Katz
Seller Yes Citigroup Global Markets Inc.
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Thompson Hine LLP
Seller NA NA