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must be qwat, lol...I do see they put out news under this ticker from time to time.
Looks like someone wanted to have some fun for $20
don't have a clue what's going on here...I grabbed some a long time ago and just noticed some green, lol
Wish i knew before the jump
Westwood One to Report Results for the Second Quarter 2011 in Teleconference Call on Monday, August 15, 2011
12:58 PM ET 8/10/11 | PR Newswire
Westwood One (NASDAQ: WWON) announced today that that it will report results for the second quarter of 2011 on Monday, August 15, 2011. Westwood One will conduct a teleconference call at 4:00 p.m. ET following the release of the earnings report and the market close. The call is open to the general public.
The conference call number is 877-741-4244 for domestic and 719-325-4839 for international callers (reference: Westwood One Second Quarter 2011 Earnings Report. Participant passcode 2959624). Please call five minutes in advance to ensure that you are connected prior to the presentation.
Digitized replays are scheduled for August 15th at 8:00 p.m. ET through August 19th at 11:59 p.m. ET. The digitized replay number is 888-203-1112 for domestic and 719-457-0820 for international callers (replay passcode: 2959624).
About Westwood One
Westwood One (NASDAQ: WWON) is one of the nation's largest providers of network radio programming in the U.S., providing more than 5,000 radio stations with over 150 news, sports, music, talk and entertainment programs, features, live events and digital content.
SOURCE Westwood One
Westwood One to Merge With Dial GlobalFont
8:00 AM ET 8/1/11 | PR Newswire
Dial Global, a division of Triton Media Group, LLC, and Westwood One, Inc. (NASDAQ: WWON), today announced a definitive agreement to merge in a stock for stock transaction. The new entity will remain listed on NASDAQ. The transaction is expected to close in the fourth quarter of 2011, subject to customary closing conditions and expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.
The combination of assets of Dial Global and Westwood One creates a diverse radio programming, services and advertising sales company, enhancing the array of products and services provided to radio stations and national advertisers. In addition, the merged entity will expand national advertising sales representation to independent content producers and networks.
"This transaction brings together a highly complementary portfolio of programming assets that will better serve our clients and customers," said Spencer Brown, David Landau and Ken Williams co-CEO's of Dial Global. "We will focus on utilizing the combined company's expanded content and sales platform to enhance the services and value we offer to our current and future clients."
Rod Sherwood, President of Westwood One, commented, "We are excited about this merger and the benefits it will bring to our customers by complementing our existing portfolio of sports, talk, news, music and entertainment programming. Our employees have worked hard to create a diverse portfolio of assets that, when combined with Dial Global, will better serve our clients."
Neal Schore, President and CEO of Triton Media Group, stated, "Following the contemplated merger, we will continue to work closely with Dial Global, as well as the entire industry to develop innovative technologies that will help the radio industry continue to evolve. Triton Media Group will focus exclusively on operating our remaining division, Triton Digital, which is the leading digital platform company for the radio industry."
Kirkland & Ellis acted as legal advisor to Dial Global. Moelis & Company and Skadden Arps Slate Meagher & Flom LLP acted as financial advisor and legal advisor, respectively, to Westwood One. Berenson & Company rendered a fairness opinion, while General Electric Capital Corporation, ING Capital LLC and Macquarie Capital have committed to provide debt financing in support of the transaction.
Triton Media Group is a portfolio company of funds managed by Oaktree Capital Management, L.P. Westwood One is a portfolio company of The Gores Group, LLC.
About Triton Media Group
Triton Media Group is a provider of applications, services and content to the media industry. Its Triton Digital division provides digital services to the radio industry with more than 6,000 station affiliations. Through its Triton Radio Networks division, Triton owns and operates Dial Global, which provides sales representation and syndication services to national radio production companies and produces more than 100 different programs and services. For more information about Triton Media Group, visit www.tritonmedia.com.
About Dial Global
Dial Global (www.dial-global.com) provides national advertising sales representation to over 200 radio programs, services and networks on over 8,000 stations. In addition, Dial Global produces the Dial Global 24/7 Formats, well as Prep Services, Jingles and Imaging as well as long and short form radio programs which it distributes to over 6,000 radio stations nationwide.
Dial Global is owned by Triton Media Group, LLC, a leading supplier of digital products and services to the media industry.
About Westwood One
Westwood One (NASDAQ: WWON) is a provider of network radio programming, providing more than 5,000 radio stations with over 150 news, sports, music, talk and entertainment programs, features, live events and digital content.
Forward-Looking Statements
This press release contains "forward-looking" statements regarding the merger of Dial Global and Westwood One and related financing, which include expected earnings, revenues, cost savings, leverage, operations, business trends and other such items, that are based on current expectations and estimates or assumptions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those predicted in any such forward-looking statements. Such factors, include, but are not limited to, the possibility that the merger or the related financing is not consummated, the failure to obtain necessary regulatory or stockholder approvals or to satisfy any other conditions to the merger, the failure to realize the expected benefits of the merger, and general economic and business conditions that may affect the companies before or following the merger. Neither Dial Global nor Westwood One undertakes any obligation to update any forward-looking statements as a result of new information, future developments or otherwise, except as expressly required by law. All forward-looking statements in this announcement are qualified in their entirety by this cautionary statement.
SOURCE Westwood One, Inc.
'Kev2128' ... This may be a problem
Financial Reporting/Disclosure
Reporting Status Dark
Deregistered a/o Feb 21, 2002
Audited Financials Not Available
Latest Report Not Available
Regulatory Agency Not Available
CIK 0000801448
Fiscal Year End Not Available
OTC Market Tier OTC Pink No Information
Profile Data
SIC - Industry Classification
Incorporated In: DE, USA
Year of Inc. Not Available
Employees Not Available
Company Officers
Not Available
Company Directors
Not Available
Company Notes
•Note=1-01 the Company & its subsidiaries filed a petition under Chapter XI of the Federal Bankruptcy Code. 1-02 U.S. Bankruptcy Court, Middle District of Florida, Tampa Division entered an order confirming the Second Amended Joint Plan of the Company under which the Company sold substantially all its non-cash assets. Holders of the Com shs will receive no value for their share & the shares will be cancelled
Westwood One to Merge With Dial GlobalFont size: A | A | A
8:00 AM ET 8/1/11 | PR Newswire
Dial Global, a division of Triton Media Group, LLC, and Westwood One, Inc. (NASDAQ: WWON), today announced a definitive agreement to merge in a stock for stock transaction. The new entity will remain listed on NASDAQ. The transaction is expected to close in the fourth quarter of 2011, subject to customary closing conditions and expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.
The combination of assets of Dial Global and Westwood One creates a diverse radio programming, services and advertising sales company, enhancing the array of products and services provided to radio stations and national advertisers. In addition, the merged entity will expand national advertising sales representation to independent content producers and networks.
"This transaction brings together a highly complementary portfolio of programming assets that will better serve our clients and customers," said Spencer Brown, David Landau and Ken Williams co-CEO's of Dial Global. "We will focus on utilizing the combined company's expanded content and sales platform to enhance the services and value we offer to our current and future clients."
Rod Sherwood, President of Westwood One, commented, "We are excited about this merger and the benefits it will bring to our customers by complementing our existing portfolio of sports, talk, news, music and entertainment programming. Our employees have worked hard to create a diverse portfolio of assets that, when combined with Dial Global, will better serve our clients."
Neal Schore, President and CEO of Triton Media Group, stated, "Following the contemplated merger, we will continue to work closely with Dial Global, as well as the entire industry to develop innovative technologies that will help the radio industry continue to evolve. Triton Media Group will focus exclusively on operating our remaining division, Triton Digital, which is the leading digital platform company for the radio industry."
Kirkland & Ellis acted as legal advisor to Dial Global. Moelis & Company and Skadden Arps Slate Meagher & Flom LLP acted as financial advisor and legal advisor, respectively, to Westwood One. Berenson & Company rendered a fairness opinion, while General Electric Capital Corporation, ING Capital LLC and Macquarie Capital have committed to provide debt financing in support of the transaction.
Triton Media Group is a portfolio company of funds managed by Oaktree Capital Management, L.P. Westwood One is a portfolio company of The Gores Group, LLC.
About Triton Media Group
Triton Media Group is a provider of applications, services and content to the media industry. Its Triton Digital division provides digital services to the radio industry with more than 6,000 station affiliations. Through its Triton Radio Networks division, Triton owns and operates Dial Global, which provides sales representation and syndication services to national radio production companies and produces more than 100 different programs and services. For more information about Triton Media Group, visit www.tritonmedia.com.
About Dial Global
Dial Global (www.dial-global.com) provides national advertising sales representation to over 200 radio programs, services and networks on over 8,000 stations. In addition, Dial Global produces the Dial Global 24/7 Formats, well as Prep Services, Jingles and Imaging as well as long and short form radio programs which it distributes to over 6,000 radio stations nationwide.
Dial Global is owned by Triton Media Group, LLC, a leading supplier of digital products and services to the media industry.
About Westwood One
Could be a good play here!
I saw where it went to .09 2 different times a while back and there has never been a R/S course these BK'S cannot do that anyway from what I heard.I will be watching this en cause this westwood sit's around the 5-6 dollar range!
I saw where it went to .09 2 different times a while back and there has never been a R/S course these BK'S cannot do that anyway from what I heard.I will be watching this en cause this westwood sit's around the 5-6 dollar range!
MERGER NEWS!!! HOW MANY THOUSAND % WILL THIS RUN TODAY?
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