Westwood One off NYSE as of Monday

(Marketwatch): "Radio broadcaster Westwood One, the largest independent provider of radio programming in the U.S., said Tuesday that its stock will stop trading on the New York Stock Exchange as of Monday, due to its failure to maintain a minimum market capitalization of $25 million....

• To list on the Amex or Nasdaq, Westwood One would need to complete a reverse stock split and receive shareholder approval.

Westwood One airs NFL football games, including Sunday and Monday night contests, NCAA men's basketball, NCAA football, "The Tom Leykis Show," "The Dennis Miller Show," and numerous additional news, sports, music, talk and entertainment programs. It also provides traffic reports and local news, sports and weather to more than 2,200 radio and TV stations."...via Radio Daily News

Tweet Stumbleupon StumbleUpon